Defi.Money Stablecoin (MONEY) is currently priced at $1.01 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $10,049,576.964. Fully diluted valuation: $10,049,576.964. Circulating supply is 9,994,958.76 MONEY. Total supply is 9,994,958.76 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.
