Defi.money
MONEY#1251
Price chart · 7D
- 7D high
- $0.996
- 7D low
- $0.990
7D price · data to 08:26 UTC.
Market Cap
$9.94M
24h Volume
$60.73
FDV
$9.94M
Circulating
10.01M MONEY
Total Supply
10.01M MONEY
Rank
#1251
BLOCKINSIDERLoading7D price · data to 08:26 UTC.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Curve (Optimism) | 0XC52D…DCBF6/MONEY | $25.24 | 0.95% | TRADE | |
| Curve (Optimism) | MONEY/0X94B0…58E58 | $5.32 | 0.73% | TRADE |
Top 2 exchanges by 24h trading volume. Block Insider 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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