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Supply Flows

Real-time issuance and redemption across 139+ tracked stablecoins.

Updated every 30 minutes · Open Supply Flows →

What is it?

Every stablecoin supply goes up when tokens are minted and down when they are burned (redeemed). Supply Flows aggregates those changes across the whole market and answers a simple question:

Is money flowing into the stablecoin system right now, or out of it?

Rising net issuance means capital is entering — a bullish signal. Sustained net redemption means capital is leaving — a risk-off signal that can precede market stress.

Header metrics

Metric	What it means	How to use it
24h Direction	Net issuance or redemption across all tracked stablecoins over the last 24 hours.	Green ↑ Net Issuance = new capital entering. Red ↓ Net Redemption = capital leaving. A sudden flip from green to red is worth investigating.
Total Supply	Aggregate USD value of all tracked stablecoins combined.	Provides scale context. A $1B daily net flow is large relative to a $300B market but noise relative to $3T.
Net 7d	Net minting over the trailing seven days.	Week-over-week trend health. Consistent weekly issuance = sustained demand. Declining 7d while 24h is still positive = slowing momentum.
Net 30d	Net minting over the trailing thirty days.	Structural momentum. A positive 30d with negative 7d may signal a trend reversal. Persistent negative 30d = structural contraction.

Risk × Flow Matrix

The scatter plot maps every token at the intersection of two independent signals — on-chain supply change and Webacy risk score — to surface tokens where risk and capital flow are moving in the same dangerous direction.

Axes

Axis	Source	Range
X — Risk score	Webacy monitor (price deviation, liquidity, volatility, chain spread)	0 (safe) → 100 (critical)
Y — 30d supply change	DeFiLlama circulating supply delta	Positive % (growing) → Negative % (shrinking)

Dot size is proportional to market cap. Colour reflects risk tier: green (ok/stable), yellow (watch), orange (warning), red (critical).

Quadrants

Quadrant	Label	Signal
Top-left	Growing Risk	Supply expanding but risk score rising. Token gaining market share while showing stress — monitor closely for reversal.
Top-right	Strong Demand	Low risk and growing supply. Healthy organic growth. Where USDC and USDT typically sit.
Bottom-left	Danger Zone	High risk and capital leaving. The most critical signal — users are pulling funds while risk is elevated. Historically precedes depeg events.
Bottom-right	Cautious Exit	Low risk but redemptions happening. Orderly exit — less alarming, may reflect portfolio rotation rather than loss of confidence.

Key insight: Tokens drifting into the bottom-left Danger Zone — high risk score and net 30-day outflows — have historically been among the earliest on-chain signals before a depeg. The matrix lets you see this combination at a glance across the whole market.

Biggest Movers (24h)

Ranks all tokens by absolute 24-hour supply change — not just the largest tokens, but the ones moving the most relative to their recent baseline. Each row shows:

Token type chip — FIAT fiat-backed · CRYPTO crypto/algorithmically-backed · SYNTHETIC synthetic
Risk tier badge — ok / watch / warning / critical from the Webacy monitor
Flow bar — green for net issuance, red for net redemption; bar length is relative to the largest mover
Dollar amount — absolute net change in USD

A long red bar paired with a WARNING or CRITICAL badge is the highest-priority item to investigate: users are actively leaving a token that is already showing risk signals.

All Tokens table

The full sortable, filterable breakdown of every tracked stablecoin. Columns:

Column	Description
Token	Symbol, full name, type chip (Fiat / Crypto / Synthetic).
Supply	Current total circulating supply in USD.
Net 24h	Change in supply over the last 24 hours. Percentage sub-label shows relative size.
Net 7d	Change over the trailing 7 days.
Net 30d	Change over the trailing 30 days. Most reliable for structural trend analysis.
Flow	Inline bar — green for net issuance, red for net redemption. Length is relative to the biggest mover in the current filtered view.
Risk	Webacy risk tier badge for this token (ok / watch / warning / critical). Blank if the token is not yet in our monitor.
Top Chains	Per-chain supply breakdown chips showing where this token circulates most.

Practical sort / filter combinations

Goal	How
Find structurally growing tokens	Sort Net 30d descending — these tokens are attracting sustained capital.
Find tokens at risk of collapse	Sort Net 30d ascending + filter to Crypto — algorithmic/crypto-backed tokens with persistent outflows are the highest-risk category.
Focus on regulated fiat stablecoins	Filter to Fiat — USDC, USDT, PYUSD, BUSD, etc. Movements here reflect institutional/exchange behaviour.
Monitor experimental tokens	Filter to Synthetic — smallest category, most volatile supply, often earliest to show stress.
Identify sudden large outflows	Sort Net 24h ascending — large negative numbers on tokens you recognise warrant immediate investigation.

Stress token alert

When one or more tokens simultaneously meet both of the following conditions, a warning banner appears at the top of the page:

Risk tier is WARNING or CRITICAL in the Webacy monitor
Net 30-day supply change is negative (net redemptions over the past month)

This is the page's highest-confidence combined signal — on-chain supply data and off-chain threat intelligence pointing in the same direction. When this fires, check those tokens first.

Bridged vs native supply fields

For multichain stablecoins, raw supply changes can be dominated by L2 bridge inflows and outflows rather than genuine new issuance or redemption. The organic supply fields strip out bridge activity to give a cleaner demand signal.

Bridge flows are excluded from the organic supply signal. USDC on Arbitrum, for example, is primarily bridged from Ethereum — its supply changes reflect bridge activity, not new USDC issuance.

Field	Description
`organic_net_24h`	Net supply change from native minting/burning only, excluding L2 bridge inflows/outflows. More reliable demand signal than raw net_24h for multichain stablecoins.
`bridge_flow_pct`	Fraction of the 24h supply change explained by bridge activity (0–1). When > 0.80, a supply spike is flagged as bridge_flow_spike and scored at 50% weight.
`bridged_fraction`	Share of total supply that is bridged (not natively minted) across all chains. High values indicate the token is primarily a bridged asset on most chains.
`native_supply_{chain} / bridged_supply_{chain}`	Per-chain breakdown of native vs bridged supply.
`has_bridged_data`	Boolean. False when DeFiLlama doesn't expose bridgedTo for this token; organic fields fall back to null.

Data sources & refresh rate

Source	What it provides	Frequency
DeFiLlama Stablecoins API	Circulating supply per token: current, prevDay, prevWeek, prevMonth. Enables 24h / 7d / 30d net flow computation without needing on-chain event logs.	Hourly
Webacy Risk Monitor (S3)	Risk scores and tiers derived from price deviation, liquidity depth, volatility, and chain spread. Used to enrich scatter matrix and risk badges.	Every 30 min

The page cache refreshes every 30 minutes. Token coverage: ~139 stablecoins above $1M circulating supply, of which ~107 currently have Webacy risk scores.

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