The top Algorithmic Stablecoin projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

Sperax
Autonomous DeFi agents for self-optimizing portfolios.
arbitrumbnb-chainethereum

Frax
The first fractional-algorithmic stablecoin
arbitrumauroraavalanche+13

USDD
Decentralized stablecoin backed by crypto reserves
bnb-chainethereumtron

Ampleforth
The currency that breathes, not breaks
avalanchebnb-chainethereum+2

Basis Cash
Fairly distributed algorithmic stablecoin
ethereumpolygon

International Stable Currency
Inflation-resistant flatcoin backed by real assets
solana

Flat Money
Flatcoin for stable value and inflation resistance
arbitrumbaseethereum+2

Lumi Finance
Algorithmic Stablecoin Protocol
arbitrumroninsolana

HYDT
bnb-chain

Hive Dollar

Mento Euro
celo

Mento Dollar
celonear

Djed
cardano

Vader Protocol
Algorithmic Stablecoin Protocol
ethereum

Mento Colombian Peso
celo

Fei USD
ethereum

Mento Philippine Peso
celo

Sperax USD
arbitrum

Liquid Loans USDL
pulsechain

Hylo USD
solana

Alchemix USD
arbitrumethereumfantom+2

UXD Stablecoin
solana

Bean
arbitrum

Dephaser JPY
baseoptimism

Teddy Cash
Decentralized lending-borrowing protocol
avalanche

Arche Protocol
StableCoin on Move
movement

Real USD
polygon

Alltra USDT (AUSDT)

SigUSD
ergo

SMARDEX USDN
arbitrumbasebnb-chain+2

Standard Money
Algorithmic Stablecoin Developer

BondAppetit
DeFi Protocols for Commercial Lending

UPFI Network
Decentralized algorithmic money