Rank #23AMPLAlgorithmic

Ampleforth

Pegged to

USD

Market Cap

$100.00M

24h Volume

$5.00M

Circulating Supply

100.00M AMPL

Total Supply

100.00M AMPL

Peg Target

USD

Collateral Type

Algorithmic

Issuer

Ampleforth Foundation

Launch Date

14-06-2019

About Ampleforth

Ampleforth (AMPL) is a unique algorithmic stablecoin that uses an elastic supply mechanism called rebasing. Instead of maintaining a $1 price through reserves, AMPL automatically adjusts every wallet's token balance daily based on a price oracle. When AMPL trades above $1, all wallets receive proportionally more tokens; when below $1, balances decrease. This means your share of the network remains constant even as supply changes. AMPL targets a 2019 CPI-adjusted dollar. It is designed as an uncorrelated asset class and is integrated into protocols like Aave and Balancer through the SPOT protocol.

Supported Blockchains

Ethereum

Pros

Truly novel monetary policy experiment
No dependency on collateral reserves
Uncorrelated to other crypto assets
Long track record since 2019

Cons

Confusing rebase mechanism for new users
Not a traditional stable store of value
Supply volatility can be unsettling
Limited DeFi composability due to rebasing

Key Features

Daily elastic supply rebase

CPI-adjusted dollar target

No collateral required

Wallet balance auto-adjusts

SPOT Protocol for stable derivatives

Uncorrelated asset class

Stablecoin Information

Community & Socials

Website Twitter / X Discord Telegram Reddit GitHub