# Malt Stablecoin (V2) (MALT)

> Malt is an algorithmic stablecoin protocol initially deployed on Polygon that carries out privileged arbitrage on itself to keep the price stable. Profit generated via this arbitrage is then split between directly paying LPs and bolstering peg defences.
As an LP all you have to do is create Malt LP and bond your LP tokens into the Malt contract. You will now start receiving a pro-rata share of all the profit made via the protocol arbitrage.

## Price Data

- **Current Price**: $2.019e-8
- **Market Cap**: N/A
- **Fully Diluted Valuation**: $2.02K
- **Circulating Supply**: N/A
- **Total Supply**: 100.01B MALT

## Price Changes

- **24h**: +0.01%
- **30d**: +0.12%
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: polygon

## Resources

- [Website](https://malt.money/)
- [Discord](https://discord.com/invite/malt)
- [Coingecko](https://www.coingecko.com/en/coins/malt-stablecoin-v2)

## Links

- [View on Zerion](https://app.zerion.io/tokens/MALT-50b3fa31-e1e5-4a00-966c-4d5502dd5881)
- [Trade on Zerion](https://app.zerion.io/tokens/MALT-50b3fa31-e1e5-4a00-966c-4d5502dd5881)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset