DOLA is a crypto-backed US dollar stablecoin. It has about $108M in circulation, ranking #49 among the stablecoins CoinScoop tracks, and runs on 5 blockchains.
DOLA price
$0.9966
On peg Circulating supply
$108M
30-day change
+4.8%
Price
$0.9966
Blockchains
5
Tracked since
Feb 2021
What is DOLA?
DOLA is a crypto-backed US dollar stablecoin. It has about $108M in circulation, ranking #49 among the stablecoins CoinScoop tracks, and runs on 5 blockchains.
In the issuer's words: DOLA is an over-collateralized stablecoin pegged to the US Dollar. It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.
DOLA supply history
$205M$0
Oct 8, 2025Oct 8, 2026
$226M$0
Feb 24, 2021Oct 8, 2026
DOLA supply grew 4.8% over the past 30 days, to $108M. Its peak was $224M in December 2024, and supply is 51% below that high.
Is DOLA holding its peg?
Last price
$0.9966
Target
1.0000 USD
Status
On pegDOLA is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where DOLA lives: supply by blockchain
Supply is concentrated: Ethereum holds 98% of all DOLA. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How DOLA is backed
DOLA is minted against crypto collateral locked in smart contracts, usually worth more than the stablecoins issued, with liquidations or hedges protecting the peg.
Minting and redemption: Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned.
Reserve reports and audits: inverse.finance
DOLA risks
Collateral and liquidations
A sharp crash in the crypto collateral can outrun liquidations and leave the system under-backed.
Smart contracts and oracles
Bugs, governance attacks or bad price feeds can drain collateral or trigger wrongful liquidations.
Bridged versions
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Regulation
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
DOLA vs USDT and USDC
Similar crypto-backed stablecoins
See all →
DOLA in the news
DOLA FAQ
What is DOLA?
DOLA is a crypto-backed US dollar stablecoin. It has about $108M in circulation, ranking #49 among the stablecoins CoinScoop tracks, and runs on 5 blockchains.
Is DOLA pegged 1:1 to the US dollar?
DOLA targets 1 USD. At the last update it traded at $0.9966, a deviation of -0.34%, which we classify as "on peg".
What backs DOLA?
DOLA is a crypto-backed stablecoin. DOLA is minted against crypto collateral locked in smart contracts, usually worth more than the stablecoins issued, with liquidations or hedges protecting the peg.
Which blockchains is DOLA on?
DOLA is live on 5 blockchains. The largest by supply are Ethereum ($106M), BSC ($1.8M), Fantom ($464K).
How much DOLA is in circulation?
About $108M of DOLA was in circulation at the last update, +4.8% over 30 days. That makes it the #49 stablecoin by supply among those we track.
Is DOLA safe?
No stablecoin is risk-free. As a crypto-backed design, DOLA's main risks are falls in collateral value that outpace liquidations, smart-contract and oracle failures, and, for hedged designs, negative funding rates or exchange counterparty risk. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.