Top Seigniorage Coins by Market Cap

The Seigniorage market cap today is $591 Million, a -0.6% change in the last 24 hours. Read More about Seigniorage

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.

Highlights

Key Statistics

$591,477,714

Market Cap 0.6%

$49,360,922

24h Trading Volume

🔥 Trending

🚀 Top Gainers

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#	Coin		Price	1h	24h	7d	30d	24h Volume	Market Cap	FDV	Market Cap / FDV

182	Frax FRAX	Buy	$0.9989	0.0%	0.0%	0.0%	0.3%	$11,661,787	$347,747,835	$347,747,835	1.0
281	Frax Share FXS		$1.90	0.7%	0.6%	14.8%	27.1%	$19,980,074	$169,275,751	$189,694,468	0.89
528	TerraClassicUSD USTC		$0.01184	1.4%	4.7%	8.2%	8.8%	$16,961,406	$66,271,143	$72,199,809	0.92
1675	Pinto PINTO		$0.6037	0.6%	8.9%	22.0%	35.9%	$749,326	$6,710,921	$6,710,921	1.0
3088	Tomb TOMB		$0.004088	-	2.0%	33.0%	29.9%	$123.81	$1,252,772	$1,252,772	1.0
6312	Basis Cash BAC		$0.001472	0.1%	0.9%	0.1%	0.1%	$1,797.26	$80,349.64	$80,349.64	1.0
6589	One Cash ONC		$0.04206	0.0%	0.5%	4.3%	4.7%	$1,848.83	$64,432.50	$64,432.50	1.0
6915	Seigniorage Shares SHARE		$0.00261	0.0%	5.0%	11.3%	16.9%	$1,827.71	$50,655.24	$54,822.75	0.92
7238	Mithril Share MIS		$0.1081	0.0%	1.6%	1.4%	1.0%	$1,655.15	$38,813.02	$54,041.87	0.72
	Bean BEAN		$0.2171	-	2.9%	11.1%	17.8%	$121.28	-	$7,826,032
	Iron IRON		$0.0001206	0.0%	0.8%	0.5%	0.5%	$144.03	-	$4,911.50
	bDollar BDO		$0.003946	0.1%	0.7%	5.2%	5.8%	$601.50	-	$828.66
	Wrapped USTC USTC		$0.01351	0.5%	3.8%	2.9%	7.8%	$1,412.82	-	$1,205,586