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

Aave
Lend, borrow, and earn interest on your crypto.

Aave
Lend, borrow, and earn interest on your crypto.

Lista DAO
Liquid staking and borrowing, amplified.

Reserve protocol
Create asset-backed currencies for global purchasing power.

Reserve protocol
Create asset-backed currencies for global purchasing power.

Thala
Aptos-native DeFi with stablecoin and AMM

Thala
Aptos-native DeFi with stablecoin and AMM

Ethena
Synthetic dollar protocol on Ethereum

Ethena
Synthetic dollar protocol on Ethereum

usd.ai
Yield-bearing synthetic dollar backed by real-world assets

Resolv
ETH-backed stablecoin with delta-neutral stability

Resolv
ETH-backed stablecoin with delta-neutral stability

Sperax
Autonomous AI agents for yield automation

Level
DeFi perpetuals and yield-bearing stablecoin protocol

Level
DeFi perpetuals and yield-bearing stablecoin protocol

Frax
The first fractional-algorithmic stablecoin

Frax
The first fractional-algorithmic stablecoin

Usual
Earn yields and protocol growth with stablecoin

Usual
Earn yields and protocol growth with stablecoin

River
Cross-chain collateral, yield, and liquidity without bridging

River
Cross-chain collateral, yield, and liquidity without bridging

USDD
Decentralized stablecoin

World Liberty Financial
Lend, borrow, and grow your strategy

Float Protocol
Floating stablecoin for long-term purchasing power.

Ampleforth
Smart commodity money with elastic supply

Ampleforth
Smart commodity money with elastic supply

Sky
Govern the Sky Protocol stablecoin ecosystem

Sky
Govern the Sky Protocol stablecoin ecosystem

Unitas
Earn yield natively with delta-neutral stablecoins

Unitas
Earn yield natively with delta-neutral stablecoins

ICHI
Smart liquidity management for DeFi yields

Frankencoin
Swiss franc stablecoin

CAP
Stablecoin guarantees with yield-bearing options

Saturn
Bitcoin-backed credit for DeFi

Resupply
Half-rate borrowing, full yield

Basis Cash
defunctAlgorithmic stablecoin that lost its peg

Stable
Governance token for USDFI's DeFi ecosystem

Noon
The stablecoin that yields sustainably.

Fluid Protocol
0% interest loans, powered by Fuel.

Fluid Protocol
0% interest loans, powered by Fuel.

Avant
Decentralized stablecoin protocol

Solomon
Stablecoin protocol on Solana

Handle.fi
Multi-currency stablecoin protocol with AI trading

Hive
Feeless, instant, decentralized social blockchain.

defi.money
defunctStablecoin with automated loan protection across L2s

Zephyr Protocol
Over-collateralized stablecoin protocol

Mountain Protocol
defunctRegulated yield-bearing stablecoin backed by Treasuries

Mountain Protocol
defunctRegulated yield-bearing stablecoin backed by Treasuries

Flat Money
Stablecoin Protocol Base on rETH

STBL
Stablecoin Yield Protocol