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
Holders on Solana
MXNe is an MXN stablecoin issued by Brale, launched on 22 May 2024.
8.8M MXNe in circulation across 3 chains; Solana carries 98.8%.
Source: DIA first-party onchain reads, the series the chart draws. Each figure is the change in the supply DIA reads across MXNe’s chains between two daily snapshots. Not mints minus redeems: DIA does not publish issuance flow.
8.8M MXNe
Solana 98.8% · other chains 1.2%
Solana8.7M MXNe · 98.8%
Base102.1K MXNe · 1.2%
Stellar146 MXNe · <0.1%Supply growth
Counted on Solana. Includes contracts and issuer treasuries. Shares are of the whole supply on Solana. This source serves no addresses, so nothing is left out.
Source: Solana RPC.
43,339holders on Solana
| MXNe | |
|---|---|
| Top holder | 10.5% |
| Top 10 | 25.1% |
| Top 50 | 25.6% |
| Top 100 | 26.1% |
Includes contracts and issuer treasuries. Shares are of the whole supply on Solana. This source serves no addresses, so nothing is left out.
How far MXNe trades from its MXN peg, from DIA's daily price reads.
Where MXNe is supplied in DeFi lending markets and what it earns there.
Top 1 MXNe pools by TVL with a quoted APY.
TVL is what is deposited in the pool. For lending pools, that is before loans are taken out.
| APY | Composition | 30d avg | Quality | Protocol | Chain | Rewards | ▼TVL | Type |
|---|---|---|---|---|---|---|---|---|
0.31% | 0.31% | OrganicStable | Solana | +0.00% | US$44.9K | Lending |
MXNe is designed to be backed by cash and money-market assets.
Solana0x269cae7d…6030e0afpaused()mint(address,uint256)eip1967-uups6zYgzrT7X2…ocYdB9wafreezeAuthoritymintAuthorityContract controls are not read on Stellar yet.
Read 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 freeze · pause · mint · upgrade (proxy)
Who licenses MXNe's issuer and how its reserves are reported.
Recognised regimelicence tier of Brale
Source: DIA onchain reads Updated
Source: Solana RPC, Solana Updated
Source: DIA price feed Updated