Markets
Discover and trade assets priced in their own reserve-backed dollars.
Our asset markets pair an asset with a dollar created for that market. The asset's price moves with trading; its market dollar is backed 1:1 by the selected reserve asset.
Explore and trade
Use Stables Trade to browse markets and launches. Select a market to open its trading page. Market cards help you compare activity and value; the transaction quote shows the terms for your trade.
Market prices can change between browsing and execution. Review the tokens, amount, and quoted output before confirming.
Open a market
Coming soon. Choose an approved asset and reserve to create its market dollar and pool. This flow is separate from issuing a standalone stablecoin.
The pool needs liquidity before people can trade against it. Yield on reserve dollars held in that market goes to its liquidity providers, less a protocol share. Learn more in Liquidity and rewards.