What is SOVRYN DOLLAR(DLLR)?

Basic information about DLLR

Coin name:

Sovryn Dollar

Coin symbol:

Coin introduction:

Bitcoin-backed dollar-pegged stablecoin, forked from Liquity, with RBTC (rootstock bitcoin peg) as the collateral. Currently overcollateralized 300% by bitcoin. Has been on mainnet for over a year.

Current Price:

$1.00More coin details

All-time high:

$1.06

All-time low:

$0.75

DLLR Supply Info and Tokenomics

Circulating supply:

3,450,587

Total supply:

3,450,587

Max supply:

Market cap:

$3.43M

Fully diluted valuation:

$3.43M

What is the outlook and future value of DLLR?

The current market cap of DLLR is $3.43M, ranked 2398 in the market, showing that the market already recognizes the value of DLLR. When a bull market arrives, the market cap of DLLR may continue to grow.

Moreover, if DLLR can play a greater role in real-world applications—such as if the Monero developers can fully empower DLLR and establish partnerships with more business partners to expand its user base—then the long-term value of DLLR will be further enhanced.

What is the price of DLLR in 2027?

According to the historical price performance prediction model of DLLR, the price of DLLR is expected to reach $1.05 at 2027.

Note: As with any crypto investment, investors should closely monitor DLLR’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get DLLR?

Purchasing DLLR with cash is not the only way to obtain DLLR. If you have enough time, you can get DLLR for free.

Learn how to get Hot rewards for free with DLLR.

Earn free DLLR by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get DLLR airdrops for free.

All crypto airdrops and rewards can be exchanged for DLLR through LBank spot trading.

Buy DLLR starting from $1

What is DLLR used for and how to use it?

The use cases for DLLR may grow with the development of the crypto market and project progress. Currently, you can use DLLR to:

Arbitrage trading of DLLR

DLLR is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many DLLR trading pairs to suit your needs.

Earn yield with DLLR

You can also lend out DLLR or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your DLLR gains.

Send or pay with DLLR

If you want to pay someone with DLLR, you can easily and quickly send DLLR to them using their receiving address.

You can also visit the official website of Sovryn Dollar to learn more use cases of DLLR, such as whether the Sovryn Dollar project supports community/eco apps or buying physical or virtual goods with DLLR.