Best Algorithmic

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Rankings are calculated based on verified user reviews, recency of updates, and community voting weighted by user reputation score.

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Best 1 Dai
Dai

Dai is a decentralized stablecoin created by MakerDAO, pegged to the US dollar. Unlike USDT and USDC, Dai is over-collateralized, meaning its backed by more than $100 worth of crypto assets. This dece...

8.8 Very Good
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2 eDollar (EDOL)
eDollar (EDOL)

eDollar (EDOL) is a decentralized stablecoin aiming to maintain a 1:1 peg with the US dollar. It utilizes a unique algorithmic stabilization mechanism to manage its value. While offering a decentraliz...

7.5 Good
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3 Neutrino USD (NSD)
Neutrino USD (NSD)

Neutrino USD (NSD) is an algorithmic stablecoin that uses oracles to determine its price and adjust supply accordingly. It aims to maintain a $1 peg through a combination of minting and burning mechan...

7.0 Good
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4 Fei Stablecoin
Fei Stablecoin

Fei Stablecoin is an algorithmic stablecoin protocol designed to be fully decentralized. It uses a dual-token system with FEI and Tri (a governance token) to stabilize the price. FEI is minted and bur...

6.8 Fair
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5 Dynamic USD (DYDX)
Dynamic USD (DYDX)

Dynamic USD (DUSD) is a decentralized stablecoin aiming to maintain a peg to the US dollar using a dynamic algorithmic stabilization mechanism. It adjusts its supply based on market conditions. DUSD i...

6.2 Fair
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6 USDX
USDX

USDX is a decentralized stablecoin attempting to maintain a 1:1 peg with the US dollar through an algorithmic stabilization mechanism. It's a relatively experimental project with a history of volatili...

5.8 Average
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7 Basis Cash (BAC)
Basis Cash (BAC)

Basis Cash is an algorithmic stablecoin aiming to maintain a $1 peg through a bond-based stabilization mechanism. When the price is above $1, new BAC is issued and sold to buy bonds, reducing supply....

5.5 Average
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