Sector2 assets
Algorithmic Stablecoin
An algorithmic stablecoin is a type of stablecoin that maintains its peg to a specific value, such as a fiat currency or other assets through algorithmic mechanisms. These mechanisms adjust the supply of the stablecoin based on market demand often by issuing more coins when the price is above the peg and buying back or burning coins when the price is below the peg.
Sector capitalization
Sector capitalization
$1.55B
-3.36% over 24 hours
Traded in 24 hours
Traded in 24 hours
$4.20M
Assets classified here
Assets classified here
2
an asset can sit in several sectors
01
Constituents
| # | Asset | Price | 24h | 7d | Market cap | Value locked | Fees, annualized | MC / fees | From high |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
 USDDUSDD
|
$0.9990 | +0.01% | +0.00% | $1.49B | — | — | — | -19.58% |
| 2 |
 Hive DollarHBD
|
$0.9215 | — | -5.50% | $30.42M | — | — | — | -76.82% |