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crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar
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FOR CONTEXT
$218.85M compared to the worldAbout this comparison
This page compares the market capitalizations of crvUSD (CRVUSD) and Backpack (BP). With crvUSD currently at $0.9998 per coin and a market cap of $217.20M, and Backpack at $0.8754 with a market cap of $218.85M, applying Backpack's market cap to crvUSD's circulating supply produces a hypothetical CRVUSD price of $1.01 — a 1.01x move from current.
crvUSD: crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar
Backpack: All-in-one crypto wallet and exchange.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If crvUSD had Backpack's market cap, what would the price be?
If crvUSD (CRVUSD) had Backpack's (BP) current market cap of $218.85M, each CRVUSD would be worth approximately $1.01 based on the circulating supply of 217,239,914 CRVUSD. That is 1.01x the current CRVUSD price of $0.9998.
What is the current market cap of crvUSD?
crvUSD (CRVUSD) currently has a market cap of $217.20M, ranking #179 by market capitalization. Each CRVUSD trades at $0.9998.
What is the current market cap of Backpack?
Backpack (BP) currently has a market cap of $218.85M, ranking #176 by market capitalization. Each BP trades at $0.8754.
How does CRVUSD compare to BP?
crvUSD's market cap of $217.20M sits slightly above Backpack's $218.85M. For CRVUSD to reach BP's current valuation, the price would need to move 1.01x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming crvUSD's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.