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
FX-derived, not a market price
Chains
MEXt is an MXN stablecoin issued by Twin (formerly Num Finance).
876.7K MEXt in circulation across 2 chains; Arbitrum carries 86.5%.
Source: DIA first-party onchain reads, the series the chart draws. Each figure is the change in the supply DIA reads across MEXt’s chains between two daily snapshots. Not mints minus redeems: DIA does not publish issuance flow.
876.7K MEXt (US$46.8K)
Arbitrum 86.5% · other chains 13.5%
Arbitrum758.4K MEXt · 86.5%
Base118.3K MEXt · 13.5%Supply growth
MEXt is designed to be backed by cash and money-market assets.
0xb96aa6ba…bebf5a25eip1967-beacon0x59863989…8be92214eip1967-beaconRead from the deployed contract and its account on each chain. A control with no row is one the read could not settle, which is not the same as absent. “No” appears only where the verified contract source lists every function, or where the chain records that the control cannot exist, such as a package published as immutable.
Contract can upgrade (proxy)
Who licenses MEXt's issuer and how its reserves are reported.
Source: DIA onchain reads Updated