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.
Verification date not recorded. 4 tracked fields
are not recorded.
DOLA is Inverse Finance's decentralized, debt-backed US-dollar stablecoin, minted through overcollateralized borrowing and a peg-stability module.
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 · $102M total
Chain
Supply
Ethereum
$99M
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
Chain
Address
Arbitrum One
0x6a7661795c374c0bfc635934efaddff3a7ee23b6
Base
0x4621b7a9c75199271f773ebd9a499dbd165c3191
Binance Smart Chain
0x2f29bc0ffaf9bff337b31cbe6cb5fb3bf12e5840
Ethereum
0x865377367054516e17014ccded1e7d814edc9ce4
Fantom
0x3129662808bec728a27ab6a6b9afd3cbaca8a43c
Optimistic Ethereum
0x8ae125e8653821e851f12a49f7765db9a9ce7384
Addresses as recorded for this token. Verify against the
issuer's own published address before sending funds.
## 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.