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About DOLA
Analysis of 12 Jun 2026DOLA is a decentralized, debt-backed stablecoin pegged to the US Dollar and governed by Inverse Finance DAO. CoinGecko describes it as the asset and debt backed decentralized stablecoin of Inverse Finance.
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As of June 12, 2026, CoinGecko shows DOLA trading close to peg at $0.9957, with about $50.6M market cap, $90.0M fully diluted valuation, $452K in 24h volume, 50.8M circulating supply, and 90.4M total supply. The protocol offers fixed-rate borrowing through FiRM (Fixed Rate Market) using DOLA Borrowing Rights (DBRs).
The last verified protocol-level figures in this file showed FiRM TVL rebounding to $165.92M in March 2026 after an early-March low of $105.45M, while sDOLA offered 10.18% projected APY with a 30-day average of 11.60%. The DOLA Peg Stability Module (PSM) launched October 2025, enabling redemption against USDS with collateral in the sUSDS vault.
