Crypto-Backed Stablecoins

48 coins · total supply $26.31B

Coins in category
48
Total USD value
$26.31B
Largest coin
USDS

About Crypto-Backed stablecoins

Crypto-backed (or CDP-backed) stablecoins are minted against overcollateralized deposits of cryptoassets like ETH or BTC. If the collateral value falls, positions get liquidated to protect the peg. DAI, crvUSD, GHO and LUSD are all crypto-backed.

Crypto-Backed coins ranked by USD circulation

USDS #1
Sky Dollar $6.52B
DAI #2
Dai $4.79B
USDe #3
Ethena USDe $4.73B
USDD #4
USDD $1.51B
U #5
United Stables $1.38B
USDf #6
Falcon USD $1.21B
GHO #7
GHO $697.8M
USDX #8
USDX Money USDX $683.4M
pUSD #9
Polymarket USD $491.3M
rwaUSDi #10
Multipli rwaUSDi $487.3M
USDai #11
USD.AI $310.8M
apxUSD #12
apxUSD $309.5M
reUSD #13
Re Protocol reUSD $260.9M
USX #14
Solstice USX $234.9M
BUSD #15
Binance Peg BUSD $232.7M
crvUSD #16
crvUSD $229.5M
FLEXUSD #17
flexUSD $166.3M
satUSD #18
River Stablecoin $159.2M
MUST #19
Mustang Finance $154.4M
USDA #20
Avalon USDa $145.6M
USDF #21
Astherus $111.8M
DOLA #22
Dola $103.5M
USPD #23
US Permissionless Dollar $98.9M
CUSD #24
Cap cUSD $84.6M
fxUSD #25
fxUSD $81.8M
LISUSD #26
Lista USD $74.1M
USDAT #27
Saturn Dollar $70.4M
SUSD #28
sUSD $69.8M
trUSD #29
Tori trUSD $67.9M
USP #30
USP Stablecoin $65.4M
YZUSD #31
Yuzu USD $55.8M
USDx #32
Axis USD $55.3M
DUSD #33
StandX DUSD $54.9M
NUSD #34
Neutrl USD $53.4M
pmUSD #35
pmUSD $51.2M
MSUSD #36
Metronome Synth USD $48.8M
REUSD #37
Resupply USD $46.8M
JUPUSD #38
JupUSD $46.7M
IUSD #39
infiniFi USD $46.5M
ZCHF CHF #40
Frankencoin $42.8M
USDU #41
Unitas $41.9M
MSUSD #42
Main Street USD $38.7M
USN #43
Noon USN $37.1M
BOLD #44
Liquity BOLD $36.8M
UUSD #45
Unity USD $36.5M
SPUSD #46
SoulPeg USD $32.8M
MUSD #47
Mezo USD $30.2M
GYD #48
Gyroscope GYD $26.6M
All Crypto-Backed coins on the leaderboard
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Data sourced from DefiLlama. Part of the Stablecoin Dashboard by mttjon. As of 2026-09-17 · updated daily 00:00 UTC.