Combined market cap
$10.6M
+22.0% in 30 days
Stablecoins tracked
3
With more than $1M in circulation
Largest
65.9% share of this list
Holding their peg
0
0 off peg right now

Other / index-linked stablecoins make up $10.6M, or 0.00% of the $303B stablecoin market, spread across 3 tokens. The largest is Frax Price Index (FPI), with $7.0M in circulation.

Top 3 other / index-linked stablecoins by market cap

  1. Frax Price Index (FPI)$7.0M
  2. HKD At Par (HKDAP)$2.1M
  3. Rai Reflex Index (RAI)$1.6M
Other / index-linked stablecoins
Peg Type
144 FPIFrax Price Index $7.0M 0.0% $1.1392 Index-linked Algorithmic 2
179 HKDAPHKD At Par $2.1M +1,499.6% — No market price Fiat-backed 1
190 RAIRai Reflex Index $1.6M -0.7% $3.1405 Index-linked Crypto-backed 6

Price is shown in the coin's peg currency. "On peg" means within 0.5% of target; "slightly off" 0.5–2%; "depegged" more than 2% below. Click a column to sort.

About other / index-linked stablecoins

These stablecoins track the other / index-linked rather than the US dollar. Prices in the table are converted back into other / index-linked terms, so 1.0000 means exactly on peg. Supply is shown in US dollars, at the day's exchange rate, so lists can be compared.

Frequently asked questions

What are other / index-linked stablecoins?

Other / index-linked stablecoins are stablecoins designed to track the value of the other / index-linked. CoinScoop tracks 4 of them with more than $1M in circulation. The table above ranks them by supply with live peg status.

What is the largest other / index-linked stablecoin?

Frax Price Index (FPI) is the largest by market cap. The top five are Frax Price Index (FPI, $7.0M), HKD At Par (HKDAP, $2.1M), Rai Reflex Index (RAI, $1.6M).

How is this list ranked and updated?

Coins are ranked by circulating supply in US dollars, with non-dollar coins converted at daily FX rates. Data comes from DefiLlama and refreshes twice a day. A coin appears once it has more than $1 million in circulation.

How we track stablecoins

  • Coverage: every stablecoin with more than $1 million in circulation in the open DefiLlama stablecoins dataset.
  • Supply is circulating supply, excluding unreleased issuer inventory, summed across chains. Non-dollar coins are converted to US dollars at the day's FX rate.
  • Peg status compares the latest market price with one unit of the peg currency. Some feeds return a generic placeholder price, and we show those as "no reliable price" rather than guessing.
  • Issuer, backing and yield notes are written and checked by CoinScoop editors. Everything else updates automatically twice a day.
  • Found an error? Tell us via our contact page. See our corrections policy.

Data: DefiLlama. Not investment advice.