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…
The ten largest members hold 100.0% of the total. An asset can sit in several sectors, so these shares do not carry over from one sector to another.
Constituents
| # | Asset | Price | 24h | 7d | Market cap | Value locked | Fees, annualized | MC / fees | From high |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
$0.9990 | +0.18% | +0.02% | $1.77B | — | — | — | -19.58% |