BOLD

BOLD Rank #600

$0.9949▼ 0.05%24h

Low $0.9945High $0.9957

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Market cap$37.77MRank #600

Fully diluted value$37.75M

Volume (24h)$226.4KVol / Mcap 0.60%

Circulating supply37.96MBOLD

Total supply37.95M

Max supply∞no hard cap

All-time high$1.01Jun 28, 2025

All-time low$0.9829Oct 1, 2025

What is BOLD?

Collateral and issuance

Borrowers create BOLD by depositing collateral into a Trove. Supported assets are ETH, wrapped staked ETH and Rocket Pool ETH. Each collateral type has its own borrowing market. Borrowers choose the interest rate paid on their loan. Opening or increasing a loan also incurs an upfront fee.

Dollar target

BOLD holders can redeem tokens for the corresponding dollar value of collateral, subject to redemption fees. Redemptions reduce outstanding debt and token supply. Lower-rate loans are processed first within the applicable market. Borrower-selected rates influence both demand and redemption exposure. The token's backing consists of crypto assets rather than bank deposits.

Stability pools

Each borrowing market maintains its own Stability Pool. Participants deposit BOLD to support liquidations. Liquidated debt is offset by burning pool BOLD and distributing collateral to depositors. Pools also receive a share of borrower interest. External liquidity providers receive another portion through protocol incentives. LQTY governs the allocation of those incentives, while BOLD remains the stablecoin.