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SeigniorageCoins by Market Cap
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Market Cap1.6%
$804.38 Millions24h Volume
$104.81 Millions
Market Dominance
FRAX 64.95%FXS 20.68%USTC 12.14%
In the case of algorithmic stablecoins, seigniorage is generated when the stablecoin's value rises above its peg (e.g., $1). The protocol can then mint new tokens and sell them on the open market, generating revenue. This revenue is used to maintain the stablecoin's peg to its target value. If the stablecoin's value falls below its peg, the protocol can buy back tokens, reducing the supply and helping to restore the peg.
| Last 7 Days | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 157 | Frax FRAX | $0.99575 | -0.44% | -0.05% | -0.21% | $523.80M | $69.07M | ||
| 355 | Frax Share FXS | $1.90 | -0.82% | +4.11% | +3.44% | $165.96M | $24.56M | ||
| 503 | TerraClassicUSD USTC | $0.01751265084 | +2.39% | +2.21% | -2.59% | $97.47M | $10.24M | ||
| 2549 | Tomb TOMB | $0.00965809888 | +2.24% | +7.09% | +52.45% | $2.96M | $28233.95 | ||
| 6453 | Basis Cash BAC | $0.00161097611 | +0.27% | +1.64% | -1.40% | $87916.98 | $287.84 | ||
| 6576 | One Cash ONC | $0.05178819314 | -0.13% | +0.00% | -4.45% | $79351.52 | $8.80 | ||
| 6601 | Seigniorage Shares SHARE | $0.00398762006 | -0.13% | +3.28% | -0.28% | $77391.49 | $955.55 | ||
| 7418 | Mithril Share MIS | $0.1031103276 | - | +0.52% | -6.17% | $37112.80 | $53.74 | ||
| -- | bDollar BDO | $0.00478981841 | -0.48% | +0.60% | +0.76% | $0.00 | $1114.19 | ||
| -- | Bean BEAN | $0.34271 | -0.89% | +0.80% | +1.09% | $0.00 | $2226.28 | ||
| -- | Iron IRON | $0.00014464905 | - | - | +1.83% | $0.00 | $11.00 | ||
| -- | Wrapped USTC USTC | $0.01751628425 | +0.30% | +2.43% | -1.40% | $0.00 | $13289.16 |
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