SILK
SILKCrypto-backed VAR-pegged Rank #175
Price
$1.3736
Market Cap
$2.14M
Market Cap
$2.14M
Dominance
0.00%
of market
Price
$1.3736
% Off Peg
—
24h Supply
+0.00%
7d Supply
+0.80%
30d Supply
-0.50%
Networks
1
chains
Circulating Supply
Total SILK across all chains
$2.40M
$1.06M
Sep 11, 2024
Sep 11, 2025
Chain Distribution
Current supply by network
Secret
$1.13M 100.0%
About SILK
SILK is a collateralized stablecoin with a variable peg that is derived from a basket of assets including forex, commodities, and cryptocurrencies. The basket is designed to maintain purchasing power.
Mint & redeem
Using ShadeLend, users deposit collateral to borrow / mint SILK. When users repay their loan, the SILK is burned
