Stablecoins

Each bar = mint (new supply) minus burn (redeemed) that day, from real on-chain txs. Green = fresh money into crypto, red = leaving. Line = 7-day average.

Net supply change from TX-LEVEL mint/burn — updated every 3 min, ahead of DefiLlama's hourly supply snapshots. Green = supply added, red = removed.

Stablecoin prices collected DIRECTLY from many sources — on-chain DEXs (Curve, Uniswap v3) and CEXs (Coinbase/Kraken vs real USD, Binance/OKX vs USDT). De-pegs always rupture at one venue BEFORE aggregators update; the most-deviated venue is highlighted. Green = healthy, amber = slight, red = >0.5% off.

The derivative of the total-supply chart above: what is pushing stablecoin supply up or down. MINT = issuer prints new supply (supply up), BURN = destroyed on redemption to fiat (supply down), TREASURY = already-minted stablecoin moved from the issuer's treasury to an exchange (not new supply, but the step that puts it into the market). The 'crypto-backed' tag marks CDP/synthetic stables — their mint is a borrow, not an issuer's decision to print.

Market-wide, source DefiLlama — money parked in stables is usually money waiting to buy

Top 12 chains by stablecoin cap residing on them

Price deviating from $1 is a stablecoin's most telling signal