MONEY
Defi.money
- Price
- $0.9947
- 24h
- +0.1%
- 7d
- −0.1%
- Market cap
- $10.0M
- 24h volume
- $99
optimistic-ethereum
0x69420f9e38a4e60a62224c489be4bf7a94402496
Defi.money (MONEY) is a stablecoin on Optimism. 10M are in circulation, with no maximum. It ranks 1267th by market capitalisation among the coins tracked here. The project publishes its website, source, explorer and X.
$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.
- Circulating
- 10.0M
- Total supply
- 10.0M
- Max supply
- No cap
Supply as of 4h ago