Liquity V2 dollar with user-set borrow rates and wstETH/rETH collateral.
Historical peg variance
Tight peg90-day series · source: DeFi Llama
Chain distribution
Circulating supply by chain · updated 7d ago
Ethereum30.4M BOLD99.4%
OP Mainnet146.3K BOLD0.5%
Base31.9K BOLD0.1%
Arbitrum2.9K BOLD0.0%
Avalanche2.0K BOLD0.0%
Hyperliquid L11.3K BOLD0.0%
Scroll15 BOLD0.0%
Metadata
Peg targetUSD
Sub-categoryStablecoin
IssuerView network
ChainsArbitrum One
Arbitrum nativeNo
LiveLive
FoundedMarch 01 2021, 05:00 AM EST
Issuance
Backing & mint/redeem mechanics per the issuer.
Peg mechanismCrypto-backed
BOLD is minted in Liquity V2 by borrowing against overcollateralized deposits of WETH, wstETH, or rETH, and it can always be redeemed directly for these underlying assets at a 1:1 USD value