Arbitrum Ecosystem

Ethereum Ecosystem

LayerZero Ecosystem

Optimism Ecosystem

Plume Ecosystem

Polygon Ecosystem

<p>Angle is a decentralized, capital efficient and over-collateralized stablecoin protocol composed of smart contracts running on open blockchains.</p><p style="text-align: start">It can be used to issue stablecoins designed to maintain the value of the assets they are pegged to.</p><p style="text-align: start">The protocol consists of several different modules, or facilitators, from which stablecoins can be issued or minted. Key modules include a Borrowing module allowing to borrow Angle stablecoins by providing collateral and a price stability module called Transmuter that facilitates the exchange of stable assets for Angle stablecoins.</p><p style="text-align: start">Additionally, the protocol is engaged into Algorithmic Market Operations (AMOs), also known as Direct Deposit Modules, which play a crucial role in boosting the liquidity of the stablecoins across various protocols.</p><p style="text-align: start">Angle earns a yield from all these modules, and part of it is automatically allocated through savings products to stablecoin holders, so they can also earn a native yield on their assets.</p><p style="text-align: start">In this documentation, we provide a detailed breakdown of the various components that constitute the Angle Protocol.</p><h3 style="text-align: start">Stablecoins</h3><p style="text-align: start">Angle is so far behind two independent stablecoins:</p><ul><li><p>EURA (previously agEUR), pegged to the value of the Euro - €. EURA holders can stake their stablecoins for stEUR in order to earn a native € yield.</p></li><li><p>USDA: pegged to the value of the Dollar - $. USDA holders can stake their stablecoins for stUSD in order to earn a native $ yield.</p></li></ul><p>EURA used to be known as agEUR but was rebranded in March 2024.</p><p style="text-align: start">While they leverage the same infrastructure and sets of smart contracts, Angle stablecoins are independent of one another with fully segregated reserves.</p><h3 style="text-align: start"><br>Transmuter</h3><p style="text-align: start">Transmuter is deployed on Ethereum. It works as a basket of different stablecoins that can be used to mint Angle stablecoins. Thanks to its dynamic fee model and its internal circuit breakers, the system is able to autonomously control its exposures to the assets it has in reserves and guarantee that the backing of each stablecoin is properly diversified. It is on top of that a trustless system that lets anyone and at any time (including during black swan events) redeem Angle stablecoins for a portion of the assets in the backing.</p><p style="text-align: start">It is designed as a resilient improvement over the price stability module systems of protocols like Maker that showed their limits during the USDC depeg situation in March 2023.</p><h3 style="text-align: start">Borrowing module</h3><p style="text-align: start">Angle Borrowing module allows users to deposit collateral and borrow Angle stablecoins (debt) against their collateral. It is designed to enable getting leverage on almost any asset through a stablecoin loan, or to simply let people get access to stablecoins while keeping their exposure to a volatile asset or to a yield-bearing token.</p><h3 style="text-align: start">Savings</h3><p style="text-align: start">Angle Savings system is what allows Angle stablecoin holders to earn a native yield based on the returns generated by the protocol on its assets. It does not come with any extra composability risk, and there are no additional trust assumption between owning an Angle stablecoin and its staked version.</p><h3 style="text-align: start">Other Aspects</h3><p style="text-align: start">Angle is not limited to these key components. It has notably a complex bridge infrastructure designed to facilitate the cross-chain liquidity of its stablecoins. It also natively supports flash loans for its stablecoins.</p><p style="text-align: start">Globally, each stablecoin of the protocol combines different modules/facilitators which are all controlled by the protocol governance. This page introduces in more details which modules are live for which stablecoin.</p>

Angle

Angle is a decentralized, capital efficient and over-collateralized stablecoin protocol on Ethereum Virtual Machine.

CryptoRank Premium

Add New {name} Alert

Moves above

Moves below

Coin tracking

ATH Reached

change abs

change %

Price Range

Unusual volume

Please connect your account to our Telegram bot to receive notifications

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

You need to click on the button below and start the opened bot

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Share Chart Screen

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Comprehensive analysis of %coinname% price dynamics, quarterly returns, and annual trends in dollars. Our detailed research unveils dynamic interconnections between %coinname% and the US dollar, providing valuable insights based on current data.

%coinname% Analytics: Price Dynamics, Quarterly Returns, and Annual Price Changes in USD

AngleANGLE

Angle Analytics

Angle Closing Price (USD) - Quarterly

angle Monthly Returns (USD)

Angle Annual Price (USD) Change