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DOLA

$70M market cap

Issued by Inverse Finance · reviewed

Market cap
$70M +15.80% 7d
30-day trend
DOLA market cap trend, last 30 days: +43.0%
Volume / market cap
0.5%
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.

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.

01

Instrument facts

8 of 12 tracked fields recorded
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 · $102M total
ChainSupply
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
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.

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.

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