sounding open dataReading the waterlineLive sources are loading. Nothing is filled with placeholder market data.

stablecoin peg and liquidity monitor

Stablecoins, by circulation

$306.47B in current circulating USD market value is reported across these 80 names. Read reference drift, backing claims, redemption context, and source freshness as separate questions.

Open dataSource trailsNo paid rankingsUnknowns stay unknown

What this helps you decide

Bathymark's stablecoin supply and peg monitor tracks circulating USD market value, instrument type, reference currency, market price, and normalized reference stress for major stablecoins. Variable-price units whose price accretes are kept out of fixed-price peg verdicts, while fixed-price rebasing units remain eligible.

stablecoin peg stress monitor stablecoin supply tracker stablecoin stress index

Observed USD referenceCurrent validated snapshot

A one-dollar line, with every drift visible.

12 fixed USD-reference instruments have valid prices in this roster. Vertical distance shows each observed quote relative to $1.00, while the ranking below keeps circulation separate.

$1 peg waterline · fixed USD-reference instruments

Peg monitor: 12 stablecoins relative to $1.00, all holding peg.

Source: DeFiLlama stablecoins API
Observation: Aug 11, 2026, 03:55 UTC
Unit: USD price per token versus a $1.00 reference

Open method and limitation

Cadence: Validated roughly every minute
Method: Fixed-reference USD instruments only, sorted by circulating USD market value. The display clamps extreme distance for legibility but preserves the observed price in the table.
What this cannot prove: A market quote near one dollar is peg evidence only. It cannot prove reserve assets, custody, legal rights, issuer solvency, or that every holder can redeem at par.

State: Market-wide reference state withheld
Confidence: low74% of fixed-reference instruments have a normalized price input. All 414 validated list rows already carry current USD market value. The FX receipt for non-USD reference drift is live. Confidence stays separate from the market reading.
Snapshot captured: 2026-08-11 03:55 UTC

Three strongest drivers

Circulating USD market value$308.02BAcross all 414 validated instruments. DeFiLlama already values each list row in USD as token units multiplied by current USD price.
Fixed-reference coverage295 of 40174% have the complete price and reference inputs required for a drift reading.
Outside the 50 bps band78 instruments13 variable-price, custom-reference, or NAV-like instruments are excluded from fixed-price verdicts. Fixed-price rebasing units remain eligible.

Open the 30-second readChange, history, comparison, and implication

What changed

A market-wide historical stress change is withheld until the taxonomy-aware monitor has stored comparable snapshots.

Detail pages retain token-unit history, but Bathymark does not backfill a new aggregate from incompatible legacy one-dollar assumptions.

Is it unusual

A historical percentile is not assigned for this point-in-time monitor.

Longitudinal taxonomy-aware snapshots are required before persistence or rarity can be measured.

How it compares

USDT is the largest visible circulating USD market-value row at $181.98B.

EURS is the largest USD-market-value-weighted stressed row in the current fixed-reference set.

Why it matters

No market-wide implication is assigned until every fixed-reference row has a current normalized price input.

This monitor describes market stress and circulating USD market value. It does not issue a solvency verdict or a trade signal.

Open the evidence trailCounterevidence, invalidation, sources, and method

What argues against this reading

The monitor does not inspect issuer bank balances or current reserve portfolios.

Secondary-market price can remain near a reference even when primary redemption is permissioned or unavailable to a holder.

Token-price and FX observations can have different timestamps, especially for non-USD references.

What would change the call

The market-wide call becomes available when every fixed-reference instrument has a current normalized price input from a live validated feed.

Measured byInstrument-level normalized reference drift, fixed-reference eligibility, source coverage, and the 50 basis-point threshold.

Next review

Next hourly stablecoin monitor review

Exact sources

DeFiLlama Stablecoins APIhttps://stablecoins.llama.fi/stablecoins?includePrices=trueSupports: Validated circulating USD market value, market price, reference type, mechanism, and chain roster.Limit: Does not prove backing, redemption access, or market depth at a requested size.
DeFiLlama peggedassets-server implementationhttps://github.com/DefiLlama/peggedassets-server/blob/master/api2/cron-task/getStableCoins.tsSupports: The list response's circulating field is built as raw circulating token units multiplied by current USD price for every peg type.Limit: The list value is already USD market value and must not receive a second reference-currency FX conversion.
ExchangeRate-APIhttps://open.er-api.com/v6/latest/USDSource observation: 2026-08-11 00:02 UTCSupports: Normalization of fixed non-USD references into USD quote terms.Limit: The currency reference passed schema and freshness checks.

Formula

reference drift bps = (market price USD - reference target USD) / reference target USD * 10,000

The formula is applied only to fixed-reference instruments. Variable-price accumulating-NAV units are excluded, while fixed-price rebasing units remain eligible.

Open formula note

Snapshot receipt

Snapshot captured: 2026-08-11 03:55 UTC
Ingested: 2026-08-11 03:55 UTC
Method version: stablecoin-reference-2026-07-11.2This is a point-in-time monitor, not a new numerical index.

Missing inputs

Taxonomy-aware market-wide historical snapshots
Issuer reserve composition and holder-specific redemption access
Complete market-price and FX coverage for every fixed-reference instrument

What Bathymark reads in stablecoins

Stablecoin stress is not only price.

Bathymark separates the market signal from the issuer claim. Peg, supply, backing, redemption, and source freshness stay visible as different questions.

Peg stressPrice versus anchor

Basis-point drift across material supply, shown as market stress rather than reserve proof.

Visible circulationUSD market value by name

The list feed reports current USD market value as token units multiplied by current USD price. Token-unit history remains separate.

Redemption accessPublic, permissioned, unclear

Issuer terms, eligibility, timing, and account access stay separate from market peg.

Backing claimIssuer source, not assumption

Reserve composition is read from source pages and attestations, not guessed from price.

Source freshnessReviewed source state

A stale, changed, or broken source weakens the read even when the token still trades near one dollar.

Commercial useAlerts and exports

Pro alerts can monitor peg movement, supply change, redemption language, and source freshness.

Cash-layer rule

Do not let peg price swallow the whole risk question.

A one-dollar market price is market evidence, not proof that every holder can redeem one dollar from the issuer.
Variable-price accumulating-NAV tokens are not tested mechanically against one dollar. Fixed-price rebasing units remain eligible, and non-USD references use a timestamped FX observation.
Visible circulating USD market value can be measured from public data, but token count, bank balances, reserve composition, and legal agreements remain separate fields.
Peg stress, backing claim, source freshness, and redemption access are separate fields because each can fail in a different way.

Stablecoin	Peg	Circulating USD market value	Price
1USDTTether	Fixed USD peg · USD	$181.98B	$0.9991
2USDCUSD Coin	Fixed USD peg · USD	$72.29B	$0.9996
3USDSSky Dollar	Floating collateral token · USD	$6.64B	$0.9997
4DAIDai	Floating collateral token · USD	$4.79B	$1.0000
5USD1World Liberty Financial USD	Fixed USD peg · USD	$4.03B	$0.9993
6USDeEthena USDe	Floating collateral token · USD	$3.92B	$0.9995
7USDGGlobal Dollar	Fixed USD peg · USD	$3.41B	$0.9998
8USYCCircle USYC	Accumulating-NAV token · USD	$3.01B	$1.1337
9PYUSDPayPal USD	Fixed USD peg · USD	$2.78B	$0.9996
10BUIDLBlackRock USD	Redemption-limited token · USD	$2.71B	$1.0000
11USDYOndo US Dollar Yield	Accumulating-NAV token · USD	$2.14B	$1.1399
12RLUSDRipple USD	Fixed USD peg · USD	$1.55B	$1.0000
13USDDUSDD	Floating collateral token · USD	$1.51B	$0.9990
14UUnited Stables	Floating collateral token · USD	$1.21B	$0.9993
15USDfFalcon USD	Floating collateral token · USD	$1.17B	$0.9961
16USDGOUSDGO	Fixed USD peg · USD	$1.14B	$1.0001
17GHOGHO	Floating collateral token · USD	$697.74M	$0.9982
18YLDSYLDS	Fixed USD peg · USD	$666.72M	$0.9991
19USD0Usual USD	Fixed USD peg · USD	$550.78M	$0.9985
20USXSolstice USX	Floating collateral token · USD	$506.39M	$0.9989
21TUSDTrueUSD	Fixed USD peg · USD	$482.66M	$0.9962
22A7A5A7A5	Fixed non-USD peg · RUB	$475.49M
23pUSDPolymarket USD	Floating collateral token · USD	$458.96M	$1.0002
24EURSStasis Euro	Fixed non-USD peg · EUR	$456.4M	$66.60
25EURCEURC	Fixed non-USD peg · EUR	$451.23M	$1.1536
26USDNNeutrino USD	Algorithmic target · USD	$408.89M
27USDTBEthena USDtb	Fixed USD peg · USD	$400.48M	$0.9992
28FDUSDFirst Digital USD	Fixed USD peg · USD	$350.72M	$0.9971
29rwaUSDirwaUSDi	Floating collateral token · USD	$346.9M	$0.9996
30GUSDGate USD	Fixed USD peg · USD	$319.34M	$0.9979
31apxUSDapxUSD	Floating collateral token · USD	$303.7M	$0.9363
32MM by M0	Fixed USD peg · USD	$282.24M
33BUSDBinance Peg BUSD	Floating collateral token · USD	$232.18M	$0.9967
34AUSDAgora Dollar	Fixed USD peg · USD	$231.98M	$0.9992
35crvUSDcrvUSD	Floating collateral token · USD	$229.35M	$0.9989
36HUSDHUSD	Fixed USD peg · USD	$192.31M
37USATUSAT	Fixed USD peg · USD	$185.15M	$0.9982
38reUSDRe Protocol reUSD	Accumulating-NAV token · USD	$175.6M	$1.0942
39USDaiUSD.AI	Floating collateral token · USD	$173.25M	$0.9990
40FLEXUSDflexUSD	Floating collateral token · USD	$166.29M	$0.9996
41FRAXFrax	Algorithmic target · USD	$160.56M	$0.9907
42EURCVEUR CoinVertible	Fixed non-USD peg · EUR	$159.7M	$1.1536
43satUSDRiver Stablecoin	Floating collateral token · USD	$158.5M	$0.9956
44MUSTMustang Finance	Floating collateral token · USD	$154.33M	$0.9996
45USDAAvalon USDa	Floating collateral token · USD	$148.01M
46JPYSCJPYSC	Fixed non-USD peg · JPY	$126.13M	$0.0063
47avUSDAvant USD	Fixed USD peg · USD	$125.22M	$0.9988
48CASHCASH	Fixed USD peg · USD	$119.47M	$0.9987
49USDVValtorum USD	Fixed USD peg · USD	$113.96M
50USDFAstherus	Floating collateral token · USD	$113.05M	$0.9990
51MOVEUSDCFX MoveUSD	Fixed USD peg · USD	$112.98M	$0.9996
52FRXUSDFrax USD	Fixed USD peg · USD	$106.31M	$1.0001
53DOLADola	Floating collateral token · USD	$100.53M	$0.9964
54UUSDUnity USD	Floating collateral token · USD	$99.9M	$0.9990
55USPDUS Permissionless Dollar	Floating collateral token · USD	$98.93M
56USDATSaturn Dollar	Floating collateral token · USD	$96.22M	$0.9989
57CUSDCap cUSD	Floating collateral token · USD	$93.28M	$0.9998
58USDAAP USDA	Fixed USD peg · USD	$86.01M	$0.9890
59USDonOndo U.S. Dollar Token	Fixed USD peg · USD	$77.78M	$1.0000
60cgUSDCygnus Finance Global USD	Fixed USD peg · USD	$75.84M	$0.9952
61LISUSDLista USD	Floating collateral token · USD	$74.9M	$0.9967
62MNEEMNEE USD	Fixed USD peg · USD	$74.42M
63USDSUISui Dollar	Fixed USD peg · USD	$72.96M	$0.9993
64SUSDsUSD	Floating collateral token · USD	$69.84M
65DUSDStandX DUSD	Floating collateral token · USD	$65.82M	$0.9981
66USPUSP Stablecoin	Floating collateral token · USD	$65.41M	$0.9996
67fxUSDfxUSD	Floating collateral token · USD	$63.8M	$0.9999
68trUSDTori trUSD	Floating collateral token · USD	$61.83M	$0.9994
69pmUSDpmUSD	Floating collateral token · USD	$55.82M	$0.5938
70NUSDNeutrl USD	Floating collateral token · USD	$53.59M	$0.9988
71USDUUnitas	Floating collateral token · USD	$52.67M	$0.9996
72USDKGUSDKG	Fixed USD peg · USD	$50.01M	$1.0002
73JUPUSDJupUSD	Floating collateral token · USD	$50.01M	$0.9986
74YZUSDYuzu USD	Floating collateral token · USD	$49.37M	$0.9989
75FIDDFidelity Digital Dollar	Fixed USD peg · USD	$48.32M	$0.9993
76IUSDinfiniFi USD	Floating collateral token · USD	$48.05M	$0.9986
77XUSDStraitsX XUSD	Fixed USD peg · USD	$45.13M	$0.9999
78ZCHFFrankencoin	Fixed non-USD peg · CHF	$42.24M	$1.2362
79GUSDGemini Dollar	Fixed USD peg · USD	$39.5M	$1.0011
80EURIEurite	Fixed non-USD peg · EUR	$38.24M	$1.1540

Stablecoin circulation and price come from the current open DeFiLlama stablecoins endpoint. Peg drift is a stress reading, not a verdict about backing.

commercial use case

Need stablecoin stress alerts?

Request Pro alerts or a stablecoin stress report for monitored names, peg drift, source freshness, and redemption access.

Join Alert List Request Stress Review

stablecoin peg and liquidity monitor

Stablecoins, by circulation

$306.47B in current circulating USD market value is reported across these 80 names. Read reference drift, backing claims, redemption context, and source freshness as separate questions.

Open dataSource trailsNo paid rankingsUnknowns stay unknown

What this helps you decide

stablecoin peg stress monitor stablecoin supply tracker stablecoin stress index

Observed USD referenceCurrent validated snapshot

A one-dollar line, with every drift visible.

12 fixed USD-reference instruments have valid prices in this roster. Vertical distance shows each observed quote relative to $1.00, while the ranking below keeps circulation separate.

$1 peg waterline · fixed USD-reference instruments

Peg monitor: 12 stablecoins relative to $1.00, all holding peg.

Source: DeFiLlama stablecoins API
Observation: Aug 11, 2026, 03:55 UTC
Unit: USD price per token versus a $1.00 reference

Open method and limitation

Cadence: Validated roughly every minute
Method: Fixed-reference USD instruments only, sorted by circulating USD market value. The display clamps extreme distance for legibility but preserves the observed price in the table.
What this cannot prove: A market quote near one dollar is peg evidence only. It cannot prove reserve assets, custody, legal rights, issuer solvency, or that every holder can redeem at par.

State: Market-wide reference state withheld
Confidence: low74% of fixed-reference instruments have a normalized price input. All 414 validated list rows already carry current USD market value. The FX receipt for non-USD reference drift is live. Confidence stays separate from the market reading.
Snapshot captured: 2026-08-11 03:55 UTC

Three strongest drivers

Circulating USD market value$308.02BAcross all 414 validated instruments. DeFiLlama already values each list row in USD as token units multiplied by current USD price.
Fixed-reference coverage295 of 40174% have the complete price and reference inputs required for a drift reading.
Outside the 50 bps band78 instruments13 variable-price, custom-reference, or NAV-like instruments are excluded from fixed-price verdicts. Fixed-price rebasing units remain eligible.

Open the 30-second readChange, history, comparison, and implication

What changed

A market-wide historical stress change is withheld until the taxonomy-aware monitor has stored comparable snapshots.

Detail pages retain token-unit history, but Bathymark does not backfill a new aggregate from incompatible legacy one-dollar assumptions.

Is it unusual

A historical percentile is not assigned for this point-in-time monitor.

Longitudinal taxonomy-aware snapshots are required before persistence or rarity can be measured.

How it compares

USDT is the largest visible circulating USD market-value row at $181.98B.

EURS is the largest USD-market-value-weighted stressed row in the current fixed-reference set.

Why it matters

No market-wide implication is assigned until every fixed-reference row has a current normalized price input.

This monitor describes market stress and circulating USD market value. It does not issue a solvency verdict or a trade signal.

Open the evidence trailCounterevidence, invalidation, sources, and method

What argues against this reading

The monitor does not inspect issuer bank balances or current reserve portfolios.

Secondary-market price can remain near a reference even when primary redemption is permissioned or unavailable to a holder.

Token-price and FX observations can have different timestamps, especially for non-USD references.

What would change the call

The market-wide call becomes available when every fixed-reference instrument has a current normalized price input from a live validated feed.

Measured byInstrument-level normalized reference drift, fixed-reference eligibility, source coverage, and the 50 basis-point threshold.

Next review

Next hourly stablecoin monitor review

Exact sources

DeFiLlama Stablecoins APIhttps://stablecoins.llama.fi/stablecoins?includePrices=trueSupports: Validated circulating USD market value, market price, reference type, mechanism, and chain roster.Limit: Does not prove backing, redemption access, or market depth at a requested size.
DeFiLlama peggedassets-server implementationhttps://github.com/DefiLlama/peggedassets-server/blob/master/api2/cron-task/getStableCoins.tsSupports: The list response's circulating field is built as raw circulating token units multiplied by current USD price for every peg type.Limit: The list value is already USD market value and must not receive a second reference-currency FX conversion.
ExchangeRate-APIhttps://open.er-api.com/v6/latest/USDSource observation: 2026-08-11 00:02 UTCSupports: Normalization of fixed non-USD references into USD quote terms.Limit: The currency reference passed schema and freshness checks.

Formula

reference drift bps = (market price USD - reference target USD) / reference target USD * 10,000

The formula is applied only to fixed-reference instruments. Variable-price accumulating-NAV units are excluded, while fixed-price rebasing units remain eligible.

Open formula note

Snapshot receipt

Snapshot captured: 2026-08-11 03:55 UTC
Ingested: 2026-08-11 03:55 UTC
Method version: stablecoin-reference-2026-07-11.2This is a point-in-time monitor, not a new numerical index.

Missing inputs

Taxonomy-aware market-wide historical snapshots
Issuer reserve composition and holder-specific redemption access
Complete market-price and FX coverage for every fixed-reference instrument

What Bathymark reads in stablecoins

Stablecoin stress is not only price.

Bathymark separates the market signal from the issuer claim. Peg, supply, backing, redemption, and source freshness stay visible as different questions.

Peg stressPrice versus anchor

Basis-point drift across material supply, shown as market stress rather than reserve proof.

Visible circulationUSD market value by name

The list feed reports current USD market value as token units multiplied by current USD price. Token-unit history remains separate.

Redemption accessPublic, permissioned, unclear

Issuer terms, eligibility, timing, and account access stay separate from market peg.

Backing claimIssuer source, not assumption

Reserve composition is read from source pages and attestations, not guessed from price.

Source freshnessReviewed source state

A stale, changed, or broken source weakens the read even when the token still trades near one dollar.

Commercial useAlerts and exports

Pro alerts can monitor peg movement, supply change, redemption language, and source freshness.

Cash-layer rule

Do not let peg price swallow the whole risk question.

A one-dollar market price is market evidence, not proof that every holder can redeem one dollar from the issuer.
Variable-price accumulating-NAV tokens are not tested mechanically against one dollar. Fixed-price rebasing units remain eligible, and non-USD references use a timestamped FX observation.
Visible circulating USD market value can be measured from public data, but token count, bank balances, reserve composition, and legal agreements remain separate fields.
Peg stress, backing claim, source freshness, and redemption access are separate fields because each can fail in a different way.

Stablecoin	Peg	Circulating USD market value	Price
1USDTTether	Fixed USD peg · USD	$181.98B	$0.9991
2USDCUSD Coin	Fixed USD peg · USD	$72.29B	$0.9996
3USDSSky Dollar	Floating collateral token · USD	$6.64B	$0.9997
4DAIDai	Floating collateral token · USD	$4.79B	$1.0000
5USD1World Liberty Financial USD	Fixed USD peg · USD	$4.03B	$0.9993
6USDeEthena USDe	Floating collateral token · USD	$3.92B	$0.9995
7USDGGlobal Dollar	Fixed USD peg · USD	$3.41B	$0.9998
8USYCCircle USYC	Accumulating-NAV token · USD	$3.01B	$1.1337
9PYUSDPayPal USD	Fixed USD peg · USD	$2.78B	$0.9996
10BUIDLBlackRock USD	Redemption-limited token · USD	$2.71B	$1.0000
11USDYOndo US Dollar Yield	Accumulating-NAV token · USD	$2.14B	$1.1399
12RLUSDRipple USD	Fixed USD peg · USD	$1.55B	$1.0000
13USDDUSDD	Floating collateral token · USD	$1.51B	$0.9990
14UUnited Stables	Floating collateral token · USD	$1.21B	$0.9993
15USDfFalcon USD	Floating collateral token · USD	$1.17B	$0.9961
16USDGOUSDGO	Fixed USD peg · USD	$1.14B	$1.0001
17GHOGHO	Floating collateral token · USD	$697.74M	$0.9982
18YLDSYLDS	Fixed USD peg · USD	$666.72M	$0.9991
19USD0Usual USD	Fixed USD peg · USD	$550.78M	$0.9985
20USXSolstice USX	Floating collateral token · USD	$506.39M	$0.9989
21TUSDTrueUSD	Fixed USD peg · USD	$482.66M	$0.9962
22A7A5A7A5	Fixed non-USD peg · RUB	$475.49M
23pUSDPolymarket USD	Floating collateral token · USD	$458.96M	$1.0002
24EURSStasis Euro	Fixed non-USD peg · EUR	$456.4M	$66.60
25EURCEURC	Fixed non-USD peg · EUR	$451.23M	$1.1536
26USDNNeutrino USD	Algorithmic target · USD	$408.89M
27USDTBEthena USDtb	Fixed USD peg · USD	$400.48M	$0.9992
28FDUSDFirst Digital USD	Fixed USD peg · USD	$350.72M	$0.9971
29rwaUSDirwaUSDi	Floating collateral token · USD	$346.9M	$0.9996
30GUSDGate USD	Fixed USD peg · USD	$319.34M	$0.9979
31apxUSDapxUSD	Floating collateral token · USD	$303.7M	$0.9363
32MM by M0	Fixed USD peg · USD	$282.24M
33BUSDBinance Peg BUSD	Floating collateral token · USD	$232.18M	$0.9967
34AUSDAgora Dollar	Fixed USD peg · USD	$231.98M	$0.9992
35crvUSDcrvUSD	Floating collateral token · USD	$229.35M	$0.9989
36HUSDHUSD	Fixed USD peg · USD	$192.31M
37USATUSAT	Fixed USD peg · USD	$185.15M	$0.9982
38reUSDRe Protocol reUSD	Accumulating-NAV token · USD	$175.6M	$1.0942
39USDaiUSD.AI	Floating collateral token · USD	$173.25M	$0.9990
40FLEXUSDflexUSD	Floating collateral token · USD	$166.29M	$0.9996
41FRAXFrax	Algorithmic target · USD	$160.56M	$0.9907
42EURCVEUR CoinVertible	Fixed non-USD peg · EUR	$159.7M	$1.1536
43satUSDRiver Stablecoin	Floating collateral token · USD	$158.5M	$0.9956
44MUSTMustang Finance	Floating collateral token · USD	$154.33M	$0.9996
45USDAAvalon USDa	Floating collateral token · USD	$148.01M
46JPYSCJPYSC	Fixed non-USD peg · JPY	$126.13M	$0.0063
47avUSDAvant USD	Fixed USD peg · USD	$125.22M	$0.9988
48CASHCASH	Fixed USD peg · USD	$119.47M	$0.9987
49USDVValtorum USD	Fixed USD peg · USD	$113.96M
50USDFAstherus	Floating collateral token · USD	$113.05M	$0.9990
51MOVEUSDCFX MoveUSD	Fixed USD peg · USD	$112.98M	$0.9996
52FRXUSDFrax USD	Fixed USD peg · USD	$106.31M	$1.0001
53DOLADola	Floating collateral token · USD	$100.53M	$0.9964
54UUSDUnity USD	Floating collateral token · USD	$99.9M	$0.9990
55USPDUS Permissionless Dollar	Floating collateral token · USD	$98.93M
56USDATSaturn Dollar	Floating collateral token · USD	$96.22M	$0.9989
57CUSDCap cUSD	Floating collateral token · USD	$93.28M	$0.9998
58USDAAP USDA	Fixed USD peg · USD	$86.01M	$0.9890
59USDonOndo U.S. Dollar Token	Fixed USD peg · USD	$77.78M	$1.0000
60cgUSDCygnus Finance Global USD	Fixed USD peg · USD	$75.84M	$0.9952
61LISUSDLista USD	Floating collateral token · USD	$74.9M	$0.9967
62MNEEMNEE USD	Fixed USD peg · USD	$74.42M
63USDSUISui Dollar	Fixed USD peg · USD	$72.96M	$0.9993
64SUSDsUSD	Floating collateral token · USD	$69.84M
65DUSDStandX DUSD	Floating collateral token · USD	$65.82M	$0.9981
66USPUSP Stablecoin	Floating collateral token · USD	$65.41M	$0.9996
67fxUSDfxUSD	Floating collateral token · USD	$63.8M	$0.9999
68trUSDTori trUSD	Floating collateral token · USD	$61.83M	$0.9994
69pmUSDpmUSD	Floating collateral token · USD	$55.82M	$0.5938
70NUSDNeutrl USD	Floating collateral token · USD	$53.59M	$0.9988
71USDUUnitas	Floating collateral token · USD	$52.67M	$0.9996
72USDKGUSDKG	Fixed USD peg · USD	$50.01M	$1.0002
73JUPUSDJupUSD	Floating collateral token · USD	$50.01M	$0.9986
74YZUSDYuzu USD	Floating collateral token · USD	$49.37M	$0.9989
75FIDDFidelity Digital Dollar	Fixed USD peg · USD	$48.32M	$0.9993
76IUSDinfiniFi USD	Floating collateral token · USD	$48.05M	$0.9986
77XUSDStraitsX XUSD	Fixed USD peg · USD	$45.13M	$0.9999
78ZCHFFrankencoin	Fixed non-USD peg · CHF	$42.24M	$1.2362
79GUSDGemini Dollar	Fixed USD peg · USD	$39.5M	$1.0011
80EURIEurite	Fixed non-USD peg · EUR	$38.24M	$1.1540

Stablecoin circulation and price come from the current open DeFiLlama stablecoins endpoint. Peg drift is a stress reading, not a verdict about backing.

commercial use case

Need stablecoin stress alerts?

Request Pro alerts or a stablecoin stress report for monitored names, peg drift, source freshness, and redemption access.

Join Alert List Request Stress Review

Stablecoins, by circulation

A one-dollar line, with every drift visible.

Is the cash layer showing reference stress?

Three strongest drivers

What changed

Is it unusual

How it compares

Why it matters

What argues against this reading

What would change the call

Next review

Exact sources

Formula

Snapshot receipt

Missing inputs

Stablecoin stress is not only price.

Do not let peg price swallow the whole risk question.

Need stablecoin stress alerts?

Stablecoins, by circulation

A one-dollar line, with every drift visible.

Is the cash layer showing reference stress?

Three strongest drivers

What changed

Is it unusual

How it compares

Why it matters

What argues against this reading

What would change the call

Next review

Exact sources

Formula

Snapshot receipt

Missing inputs

Stablecoin stress is not only price.

Do not let peg price swallow the whole risk question.

Need stablecoin stress alerts?