Independent records of what backs digital assets
Reserve composition, backing chains and their history for stablecoins and tokenized assets. Collected from issuer reports and on-chain data. Open source, with every source linked.
- $296.69B
- Reserves recorded
- 12
- Backed tokens
- 11
- Reserve assets
- 48
- Months of chain history
01 · Composition
What the reserves are made of
Not one total per token, but every reserve category from the issuer’s report or the chain.
| Token | Backing ratio | Reserves | Composition | As of |
|---|---|---|---|---|
 Tether USD USDT
on Tron, Ethereum and Solana · $165.59B market cap | 101.7% | $171.73B |
| Jun 30, 2026 |
 USD Coin USDC
on 5 chains · $59.53B market cap | 99.8% | $61.09B |
| Oct 1, 2026 |
 Lido Staked Ether stETH
on Ethereum · $21.71B market cap | 100.0% | $21.72B |
| Oct 31, 2026 |
 Wrapped stETH wstETH
on Ethereum · $10.36B market cap | 100.0% | $10.36B |
| Oct 31, 2026 |
 Wrapped Bitcoin WBTC
on Ethereum · $8.96B market cap | 100.0% | $8.97B |
| Oct 31, 2026 |
 USDS USDS
on Ethereum · $6.45B market cap | 109.0% | $7.03B |
| Oct 31, 2026 |
 Wrapped Ether WETH
on Ethereum · $4.64B market cap | 100.1% | $4.64B |
| Oct 31, 2026 |
 Dai DAI
on Ethereum · $3.74B market cap | 109.0% | $4.07B |
| Oct 31, 2026 |
02 · Backing chains
From the token to the reserve asset
Tokens back other tokens. bcked follows each chain to the assets at the end, so exposure hidden one level down becomes visible.
03 · History
Where all tracked reserves sat, week by week
The end of every chain added up: cash, Treasuries, gold, bitcoin. Hover to read a month.
Tap for the mix at a date.
Latest, Oct 31, 2026
Click reserve assets above to show only those.
Open data and API
All records are open source on GitHub and available as a free JSON API.