R Stablecoin
R
R is a capital-efficient stablecoin backed by liquid staked assets like stETH and rETH.
Risk Rating
Watch Out
$0.16
129.27%
What is R Stablecoin?
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Information
Blockchain
- Ethereum
Key Metrics
- Market Cap: $1.9M
- Fully Diluted Valluation: $1.9M
- FDV / MC: 1
- Ranking inside Exponential (among stables): #95
- Circulating Supply: 11,021,056
- Total Supply: 11,021,056
- Volume (24H): $118.7K
- ATH: $1.04 (06/05/2023)
- ATL: $0.04 (11/12/2023)
Risk Assessment
Watch Out
Asset Strength
R is a low-cap undercollateralized asset. This asset is exposed to the underlying risks of Raft, a protocol rated as Watch out.
R is a stablecoin that often trades more than 100bps off its peg to USD, making it a highly volatile store of value.
Dependencies
Raft
Asset Tokenomics
R has an uncapped supply but has inflation control or burn mechanisms in place.
Things to know about R