7D price · CoinGecko market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Curve (Optimism) | 0XC52D…DCBF6/MONEY | $183.90 | 0.65% |
| TRADE |
| Curve (Optimism) | MONEY/0XDA10…00DA1 | $0.42 | 0.79% | TRADE |
| Curve (Optimism) | MONEY/0X94B0…58E58 | $0.31 | 0.70% | TRADE |
Top 3 exchanges by 24h trading volume. BlockInsider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
$MONEY is a USD-denominated decentralized stablecoin, that can be minted by depositing collateral and opening a loan within the defi.money protocol. It distinguishes itself from other CDP-based stablecoins by utilizing an AMM-based liquidation mechanism that can buy or sell your collateral within a liquidation price range instead of a set price threshold.
This protects users against full liquidations that otherwise could occur due to price volatility. $MONEY has been optimized for everyday users by being deployed on Layer 2 chains, to make even smaller loans cost-friendly due to much reduced gas costs.
The protocol is also natively cross-chain, meaning it can be minted on multiple chains, as well as seamlessly be bridged between them.
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