Verify what backs a stablecoin
DIA Value computes intrinsic fair value for stablecoins from reserves and on-chain data, so backing and peg health can be verified.
Supply across all stablecoins
Its one stablecoin
Share of total stablecoin supply
#97 of 99 issuers by supply
Stablecoins minted
median issuer: 1
Chains
read onchain, #77 of 99 issuers
Hyperstable is a vote-escrow CDP protocol on HyperEVM where users deposit WHYPE into non-custodial vaults to mint USH, an over-collateralised USD-pegged stablecoin.
USH is Hyperstable's only stablecoin.
USH's supply, counted once across its chains.
Supply of every coin of the Hyperstable protocol, summed by chain from DIA's own totalSupply() reads of the verified contracts. Each coin's tokens are converted to dollars at DIA's price for that coin, or split pro rata from its market figure where DIA has no price, so coins in different currencies can share one column. Wrapped coins are left out: their supply is already inside the coin they wrap. Each chain shows the same amount as the chain row on each coin's own page.
$15.5K
Read on 1 chain, in the total
Hyperliquid L1100%$15.5KUSH's typical daily move over the last 90 days was 3.0 bps.
Typical daily move is the standard deviation of the daily gap between the price and the peg over the last 90 days. Largest move is the single day in the last 12 months furthest from the peg. Both come from daily closes at 00:00 UTC (DeFiLlama, with CoinGecko where DeFiLlama has no price) and match the figures on each stablecoin's own page.
Stablecoins whose value rises by design, such as savings wrappers, have no peg figures. Their price is a yield curve, not a peg.
| Stablecoin | 90d | Largest |
|---|---|---|
 USHUSD | 3.0 bps | −16 bps (−0.16%) |
A protocol or DAO with no issuing legal entity, where the absence of a licence is the design rather than a gap in our records.
Summed by recorded day (daily for the last year, weekly before that). This chart is DeFiLlama circulating supply. The headline figure above is mostly DIA’s onchain reads, with DeFiLlama where DIA does not read, so the last point can differ from it.
Source: DeFiLlama circulating supply Updated
