# Defi.Money Stablecoin (MONEY)

> $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.

## Price Data

- **Current Price**: $1.02
- **Market Cap**: $10.15M
- **Fully Diluted Valuation**: $10.15M
- **Circulating Supply**: 9.99M MONEY
- **Total Supply**: 9.99M MONEY

## Price Changes

- **24h**: +0.03%
- **30d**: +0.02%
- **90d**: +0.00%
- **365d**: +0.02%

## Chain Availability

Available on: arbitrum, optimism

## Resources

- [Website](https://defi.money/)
- [Discord](https://discord.com/invite/defimoney)
- [Coingecko](https://www.coingecko.com/en/coins/defi-money)
- [Dex.guru](https://dex.guru/token/optimism/0x69420f9e38a4e60a62224c489be4bf7a94402496)
- [Dex.guru](https://dex.guru/token/arbitrum/0x69420f9e38a4e60a62224c489be4bf7a94402496)

## Links

- [View on Zerion](https://app.zerion.io/tokens/MONEY-c464cc34-05c2-422b-970c-e5a8152066a1)
- [Trade on Zerion](https://app.zerion.io/tokens/MONEY-c464cc34-05c2-422b-970c-e5a8152066a1)

## 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