Open Stablecoin Index market snapshot:
Price $0.465548, market capitalization $208.93K,
and reported 24-hour volume $17.38K.
Trading activity:
Reported 24-hour volume equals 8.32% of market capitalization. The local markets snapshot lists Uniswap V3 (Ethereum) and Curve (Ethereum) among venues with observed trading activity.
YearBull indicators:
YearBull Rank #4,020. Bull Score 55/100.
YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment.
Cycle Early. Observed price change: 24h -2.23% · 7d -10.37% · 30d -15.00%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-10-27.Data history: 90 days available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Open Stablecoin Index (OPEN)?
Source description
“The Open Stablecoin Index ($OPEN) is an equal-weight index tracking leading stablecoin-networks advancing transparency, composability, and user-led governance. Included protocols are be evaluated on verifiable asset-backing, peg design, mint/redeem logic, safety mechanisms, yield-sharing, and decentralized control. Stablecoins have exploded, yet they only make up just ~1% of the $22T U.S. M2—and touch only 1.3% of Earth each month. The Open Stablecoin Index is here to track the frontier: part index, part knowledge graph, part coordination layer.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Open Stablecoin Index (OPEN) FAQ
How does the Open Stablecoin Index determine the weighting of the stablecoin networks it tracks?
The project states that OPEN uses an equal-weight approach for the stablecoin networks included in its index. This means each selected network is intended to receive the same weighting rather than being weighted by market size, supply, trading activity, or another financial metric. The project does not specify how often the composition or individual weights are reviewed.
Which characteristics does the project say it evaluates when assessing stablecoin networks?
The project says its evaluation considers verifiable asset backing, peg design, mint and redeem logic, safety mechanisms, yield-sharing, and decentralized control. These criteria cover how a stablecoin is supported, how its target value is maintained, how users enter or exit the system, and how risks or decision-making are handled. It does not specify a scoring method or minimum standard for inclusion.
Why does OPEN describe itself as more than a traditional stablecoin index?
OPEN positions itself as a combination of an index, a knowledge graph, and a coordination layer. In addition to tracking selected stablecoin networks, the project presents these functions as ways to organize relationships and support coordination around the sector. The precise structure, data model, participants, and coordination processes behind those labels are not specified.
What areas of stablecoin development does the Open Stablecoin Index aim to track?
The project says OPEN tracks stablecoin networks advancing transparency, composability, and user-led governance. Transparency relates to how clearly a system presents its backing and operation; composability concerns how it can interact with other decentralized finance components; and user-led governance refers to community participation in control. The project does not define formal benchmarks for advancement in these areas.
What broader stablecoin adoption context does the project highlight?
The project states that stablecoins represent roughly 1% of the $22 trillion U.S. M2 money supply and reach about 1.3% of Earth each month. It uses these figures to frame stablecoins as a large but still developing area and to explain the rationale for tracking its frontier. The figures are presented as project claims, and no calculation method is specified.
Open Stablecoin Index metric comparison
This comparison is a stored snapshot generated 2026-10-24 06:30 UTC from 265 daily observations available from 2025-12-31 through 2026-10-24. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$0.5003
$0.5215
$0.3322
-4.1%
n/a
Market cap
$200.5K
$201.1K
$151.9K
-0.3%
P44.5
YearBull Rank
#1,400
#1,299
#1,298
Lower by 101
P83.4
Bull Score
65/100
65/100
61/100
0.0 pts
P81.7
Turnover
4.43%
11.96%
0.56%
-7.5 pts
P75.2
YB Market Risk
Low
Low
Low
Unchanged
n/a
Cycle
Early
Early
Early
Unchanged
n/a
Median absolute daily movement 1.96%; distance from the highest local daily price -27.0%; circulating supply change -22.3%. These measurements are descriptive and do not predict future direction.
YearBull Rank on this page
YearBull Rank now for open-stablecoin-index: #4020.
Rank timeline (last 365 days)
Rank movement (nearest daily data).
Reading rule: lower numbers mean higher placement.
7d window (2026-10-21): #813 → #4020 (down by 3207).
30d window (2026-09-28): #600 → #4020 (down by 3420).
YearBull Rank is a relative ranking on YearBull designed to compare coins on a common scale and time window. Smaller numbers mean the coin sits higher in the YearBull list.
Execution context: If the line range narrows, access may be stabilizing.
Risk context: If the last month is chaotic, widen the lookback before concluding.
Rotation context: If the line is range-bound, treat changes as relative, not absolute.
Liquidity framing: If the curve is jagged, widen the window before concluding.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
888 analysis - nearby market scale in the current dataset.
Stored venue snapshot. Markets last checked: 2026-10-02. Updated on a rolling basis; no fixed refresh date is promised. Venue listings and volumes are stored snapshots, not live quotes.
