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DOLA

$71M market cap

Issued by Inverse Finance · reviewed

Market cap
$71M -7.88% 7d
30-day trend
DOLA market cap trend, last 30 days: +1.0%
Volume / market cap
0.8%
Peg drift, 30 days
0.37%

Market data as of , the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

DOLA is Inverse Finance's decentralized, debt-backed US-dollar stablecoin, minted through overcollateralized borrowing and a peg-stability module.

01

Instrument facts

Symbol DOLA
Peg USD
Backing Crypto backed
Status Active
Networks L1 EVM Ethereum, Berachain L2 Base, Optimism, Arbitrum
Specifications Backing Debt-backed: overcollateralized FiRM borrower collateral plus Peg Stability Module reserve assets. Redemption Through the Peg Stability Module, reserve stablecoins can be swapped to DOLA and DOLA back to reserves at 1:1, subject to a small fee and module availability. KYC required No
Use cases DeFi collateral, Trading
Mint and redeem Minted via FiRM overcollateralized borrowing and Peg Stability Module swaps; burned on repayment or reverse swap.
02

Supply by chain

3 chains · $108M total
ChainSupply
Ethereum$104M
Arbitrum$2M
BSC$2M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

6 chains
ChainAddress
Arbitrum One0x6a7661795c374c0bfc635934efaddff3a7ee23b6
Base0x4621b7a9c75199271f773ebd9a499dbd165c3191
Binance Smart Chain0x2f29bc0ffaf9bff337b31cbe6cb5fb3bf12e5840
Ethereum0x865377367054516e17014ccded1e7d814edc9ce4
Fantom0x3129662808bec728a27ab6a6b9afd3cbaca8a43c
Optimistic Ethereum0x8ae125e8653821e851f12a49f7765db9a9ce7384

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

Official site

04

Background

Overview

DOLA is the US-dollar stablecoin of Inverse Finance. It is a debt-backed stablecoin created when borrowers draw against collateral, rather than issued against fiat reserves.

How It Works

DOLA is minted through overcollateralized borrowing in the FiRM lending market and through a Peg Stability Module that swaps reserve stablecoins for DOLA. DAO-operated contracts expand or contract DOLA supply within governance-approved limits.

Reserve Backing

DOLA is backed by FiRM borrower collateral and Peg Stability Module reserve assets held on-chain; there is no fiat reserve attestation. A separate token, sDOLA, provides yield exposure.

Supported Networks

DOLA is available on Ethereum and several additional networks.

05

Frequently asked questions

What is DOLA?

DOLA is Inverse Finance's decentralized, debt-backed US-dollar stablecoin, minted through overcollateralized borrowing and a peg-stability module.

How is DOLA backed?

Debt-backed: overcollateralized FiRM borrower collateral plus Peg Stability Module reserve assets.

Which networks carry DOLA?

DOLA is recorded on 5 networks, including Ethereum, Berachain, Base, Optimism, Arbitrum.

What is the market capitalization of DOLA?

DOLA has a market capitalization of $71M as of 11 October 2026.

06

Other US dollar stablecoins

USDT $184.1B · USDC $73.0B · USDS $10.2B · SUSDS $5.0B · USDe $4.8B · DAI $4.6B

Compiled from issuer disclosures, on-chain data and market data. Inverse Finance · Methodology