# dEURO

> Track dEURO with daily standardized on-chain data across 5 chains. Compare dEURO with other stablecoin issuers. See charts and datasets in one place.

Source: [dEURO on Token Terminal](https://tokenterminal.com/explorer/projects/deuro). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Stablecoin issuers
- Chains: arbitrum, base, ethereum, optimism, polygon

## About

### What it is

dEURO issues DEURO, an over-collateralized Euro-pegged stablecoin backed by on-chain crypto collateral rather than fiat reserves. Like Frankencoin, it uses an auction-based mechanism to mint and liquidate positions without relying on external oracles, deployed across Ethereum, Polygon, Arbitrum, Optimism, and Base.

### Who uses it

dEURO is a community-governed DeFi protocol launched as a fork of Frankencoin (ZCHF), focused on bringing a decentralized Euro stablecoin to multiple EVM blockchains.

### How it works

Users mint DEURO by posting eligible crypto collateral through the protocol's permissionless auction process; the protocol earns fees on minting, interest on outstanding positions, and value accrues to governance token holders who vote on collateral types and risk parameters. There is no centralized issuer or fiat reserve manager.

## Metrics

Token Terminal tracks these metrics for dEURO daily. Each page has a chart with the full history.

- [Outstanding supply](https://tokenterminal.com/explorer/projects/deuro/metrics/outstanding-supply)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/deuro/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/deuro/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/deuro/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/deuro/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/deuro/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/deuro/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/deuro/metrics/gas-used)

## Links

- [twitter](https://twitter.com/dEURO_com)
- [website](https://deuro.com/)
- [github](https://github.com/d-EURO)