Float Protocol Float
FLOATAlgorithmic VAR-pegged Rank #212
Price
$0.999522
Market Cap
$653.5K
Market Cap
$653.5K
Dominance
0.00%
of market
Price
$0.999522
% Off Peg
—
24h Supply
0.00%
7d Supply
0.00%
30d Supply
0.00%
Networks
1
chains
Circulating Supply
Total FLOAT across all chains
$726.7K
$654.1K
Jun 3, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Ethereum
$654.1K 100.0%
About Float Protocol Float
FLOAT is a stablecoin that tracks a basket of crypto assets instead of trying to exactly match the price of a dollar.
Mint & redeem
If the price of FLOAT is away from its target price, the supply is changed by minting (expansion) or buying up and burning FLOAT (contraction). This is done through a dutch auction (in an expansion) and a reverse dutch auction (in a contraction), respectively.
