109.0%
$4.07B reserves for $3.74B market cap
- Not reported 56%
- USDC 32%
- WETH 11%
- wstETH 1%
- WBTC 0%
As of Oct 31, 2026 · On-chain · sources
01 · Backing ratio
Reserves against market cap
Daily, since market data is recorded. The composition reaches further back.
02 · Reserves today
Every reserve asset
| Reserve asset | Value | Share |
|---|---|---|
| Not reported | $2.27B | 55.8% |
| USDC | $1.31B | 32.0% |
| WETH | $456.79M | 11.2% |
| wstETH | $29.36M | 0.7% |
| WBTC | $9.20M | 0.2% |
03 · Sources
Read from the chain
Vaults in the Sky Vat, read on-chain: USDC in the Lite PSM, all ETH, wstETH and WBTC locked in vaults, and the debt of allocator, real-world-asset and staking vaults, whose composition is not reported on-chain. DAI gets the share of its circulating supply, without the DAI the Lite PSM keeps for swaps.
- Price
- $1.00
- Market cap
- $3.74B
- Supply
- 3.74B
- Updated
- Oct 31, 2026