About Dola (DOLA)

DOLA is a decentralized, debt-backed USD stablecoin that is soft-pegged to ~$1, with supply managed by Inverse Finance “Fed” contracts and minting primarily via the FiRM fixed-rate lending market.

Dola currently has a price of $0.994082, which is 0.5918% away from its peg to USD. It has a market capitalization of $182.53M, which has changed by -0.12% over the past 30 days.

Dola is issued by Inverse Finance. Inverse Finance DAO is a DeFi DAO that develops and governs DOLA and FiRM (a fixed-rate lending market), with peg/supply tools implemented via on-chain “Feds.”