Ethereum mainnet · updated live
Top Ethereum stablecoins by liquidity
Stablecoins are the settlement layer of DeFi, and their on-chain liquidity is where peg stress shows first. These are the top Ethereum stablecoins by qualifying DEX liquidity, with live on-chain prices.
- 1
USDCUSDC$927.42M
- 2
USDTUSDT$785.34M
- 3
crvUSDcrvUSD$417.60M
- 4
DAIDAI$196.40M
- 5
RLUSDRLUSD$61.80M
- 6
frxUSDfrxUSD$60.42M
- 7
DOLADOLA$59.11M
- 8
FRAXFRAX$49.28M
- 9
USDeUSDe$44.25M
- 10
PYUSDPYUSD$44.00M
- 11
AUSDAUSD$34.18M
- 12
USDGUSDG$30.68M
- 13
apxUSDapxUSD$24.53M
- 14
trUSDtrUSD$20.10M
- 15
USDtbUSDtb$20.08M
- 16
USDMUSD Mapped Token$20.07M
- 17
reUSDreUSD$18.18M
- 18
BOLDBOLD$14.20M
- 19
USDfUSDf$13.22M
- 20
EURCEURC$12.52M
About this ranking
Stablecoins are the settlement layer of DeFi, and their on-chain liquidity is where peg stress shows first. These are the top Ethereum stablecoins by qualifying DEX liquidity, with live on-chain prices.
Every figure is derived from on-chain Ethereum data only — indexed swaps and pool balances, with no centralized-exchange feeds. The list updates as the market moves. See the methodology for how liquidity, price and volume are calculated.
Why does stablecoin liquidity matter?
Deep liquidity lets a stablecoin absorb large redemptions or swaps without its price slipping from $1. A stablecoin trading off its peg with fleeing liquidity is a warning sign.
Can these stablecoins lose their peg?
Yes. Any stablecoin can depeg during stress, low liquidity or redemption uncertainty, which is why the live on-chain price shown here is an important signal.