# Sperax

> Track Sperax's market cap with daily on-chain data across 2 chains. Compare Sperax with other stablecoin issuers. See charts and datasets in one place.

Source: [Sperax on Token Terminal](https://tokenterminal.com/explorer/projects/sperax). 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).

- Token: SPA
- Sectors: Stablecoin issuers
- Chains: arbitrum, ethereum

## About

### What it is

Sperax is a yield aggregator platform where the USDs stablecoin auto-generates yield by deploying collateral to audited DeFi protocols, distributing 70% of yield to holders.

### Who uses it

Sperax was founded in 2019 by Yunchuan Wei and Frida Cai, backed by Jump Trading and Polychain Capital.

### How it works

Sperax issues USDs, an auto-yield stablecoin on Arbitrum that deploys collateral into audited DeFi strategies, distributing 70% of yield to holders and retaining the remainder.

## Metrics

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

- [Price](https://tokenterminal.com/explorer/projects/sperax/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/sperax/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/sperax/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/sperax/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/sperax/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/sperax/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/sperax/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/sperax/metrics/token-supply-circulating)
- [Outstanding supply](https://tokenterminal.com/explorer/projects/sperax/metrics/outstanding-supply)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/sperax/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/sperax/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/sperax/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/sperax/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/sperax/metrics/gas-used)

## Links

- [website](https://sperax.io/)
- [twitter](https://twitter.com/SperaxUSD)