Symbol: MONEY
Price: $0.99627800
Volume: $44,380
Market Cap: $11,359,554
Fully Diluted Value: 11,359,554
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 11,401,782
Type: Crypto Token
$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.