# Open Stablecoin Index (OPEN)

> The Open Stablecoin Index ($OPEN) is an equal-weight index tracking leading stablecoin-networks advancing transparency, composability, and user-led governance.

Included protocols are be evaluated on verifiable asset-backing, peg design, mint/redeem logic, safety mechanisms, yield-sharing, and decentralized control.

Stablecoins have exploded, yet they only make up just ~1% of the $22T U.S. M2—and touch only 1.3% of Earth each month. 

The Open Stablecoin Index is here to track the frontier: part index, part knowledge graph, part coordination layer.

## Price Data

- **Current Price**: $0.39
- **Market Cap**: $182.47K
- **Fully Diluted Valuation**: $183.63K
- **Circulating Supply**: 468,341.05 OPEN
- **Total Supply**: 471,314.807 OPEN

## Price Changes

- **24h**: -0.02%
- **30d**: -0.08%
- **90d**: -0.20%
- **365d**: -0.74%

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://openstablecoinindex.com/)
- [Coingecko](https://www.coingecko.com/en/coins/open-stablecoin-index)
- [Dex.guru](https://dex.guru/token/eth/0x323c03c48660fe31186fa82c289b0766d331ce21)

## Links

- [View on Zerion](https://app.zerion.io/tokens/OPEN-908c8d87-9f30-424e-9490-0a92f0af46e1)
- [Trade on Zerion](https://app.zerion.io/tokens/OPEN-908c8d87-9f30-424e-9490-0a92f0af46e1)

## 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