Defi.money
MONEY#1178
$0.998
24H -0.2%7D +0.0%30D -0.1%
BLOCKINSIDERLoadingALL price · Live market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Curve (Optimism) | 0XC52D7F23A2E460248DB6EE192CB23DD12BDDCBF6/0X69420F9E38A4E60A62224C489BE4BF7A94402496 | $80.10 | 0.61% | TRADE | |
| Curve (Optimism) | 0X69420F9E38A4E60A62224C489BE4BF7A94402496/0X94B008AA00579C1307B0EF2C499AD98A8CE58E58 | $79.81 | 0.75% | TRADE |
Top 2 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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