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Best Dual Token Stablecoins in 2026

7 Dual Token Stablecoins ranked by SkyBitcoins score and total value locked. Open any row for the full review.

Listed
7
Reviewed
7
Page
1/1

Dual Token Stablecoins at a glance

Tracked
7
Reviewed
7
Total TVL
$167M
Avg. score
5.1/10

The SkyBitcoins index lists 7 dual token stablecoins. Every one of them has a full review. The 5 that report TVL hold $167M between them. fx Protocol dominates, with 55% of that total.

Ranked by TVL, fx Protocol ($91.6M), Hylo Protocol ($33.5M) and MoneyOnChain ($19.5M) lead the field. The best-rated is MoneyOnChain with 5.8/10, followed by fx Protocol (5.2) and RIF ON CHAIN (5.2). The 5 rated dual token stablecoins average 5.1/10, and none scores 8 or above yet.

The most common chains for dual token stablecoins are Rsk (2), Arbitrum (2) and Ethereum (1). 17% are deployed on more than one chain. All 7 with a confirmed status are active. Over the last seven days, combined TVL fell 10.6%. fx Protocol dropped the most (−13.1%).

Largest by TVL

  1. 1fx Protocol logofx Protocol$91.6M
  2. 2Hylo Protocol logoHylo Protocol$33.5M
  3. 3MoneyOnChain logoMoneyOnChain$19.5M
  4. 4RIF ON CHAIN logoRIF ON CHAIN$17.7M
  5. 5Djed Stablecoin logoDjed Stablecoin$4.43M

Highest rated

Best Dual Token Stablecoins, page 1 of 1
1
MoneyOnChain logo
MoneyOnChainReviewed
$19.5M5.8
2
fx Protocol logo
fx ProtocolReviewed
$91.6M5.2
3
RIF ON CHAIN logo
RIF ON CHAINReviewed
$17.7M5.2
4
Djed Stablecoin logo
$4.43M5.0
5
Hylo Protocol logo
$33.5M4.5
6
Frax Finance logo
Frax FinanceReviewed
——
7
Speraxdao logo
SperaxdaoReviewed
——

Ranked by SkyBitcoins score, then total value locked. Click a column to re-sort this page. TVL data via DefiLlama.

Frequently asked questions

What is the largest dual token stablecoin by TVL?

fx Protocol is the largest dual token stablecoin by total value locked, with $91.6M. It is followed by Hylo Protocol ($33.5M) and MoneyOnChain ($19.5M). TVL figures come from DefiLlama and change daily.

Which dual token stablecoin has the highest SkyBitcoins score?

MoneyOnChain has the highest score at 5.8/10, ahead of fx Protocol (5.2) and RIF ON CHAIN (5.2). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many dual token stablecoins does SkyBitcoins track?

SkyBitcoins tracks 7 dual token stablecoins. Of these, 7 have a full review and 5 report value locked, $167M in total.

What chains do most dual token stablecoins run on?

Rsk is the most common, with 2 of 7 dual token stablecoins, followed by Arbitrum (2) and Ethereum (1). 17% are deployed on more than one chain.

Which dual token stablecoins grew the most this week?

Among dual token stablecoins with at least $1M locked, fx Protocol the biggest drop (−13.1%). Combined TVL moved −10.6% over the same seven days.

What is the average score for dual token stablecoins?

The 5 rated dual token stablecoins average 5.1 out of 10. Of these, 0 score 8 or higher and 1 score below 5.