What Cash is designed to do
Cash is a fiat-backed stablecoin, currently ranked 212th by market capitalization among the assets we track. Unlike volatile crypto assets, Cash targets a fixed value backed by off-chain reserves. Holders use it to park value, settle trades, and move money — its entire value proposition is that it does not move.
How the peg is meant to hold
The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.
Background & fundamentals
Governance is structured as Decentralized, so no single company controls issuance or protocol changes. CoinPaprika classifies the project's development status as "Only token". In sector terms it is most often filed under Solana (SOL) Token and Stablecoin.
Where Cash sits in the market
Trading around $0.9996, Cash carries a market capitalization of $121.79M. Around $6.21M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 5.10% of the float — a healthy level of activity for an asset this size.
Cash carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. At the current $0.9996, CASH sits essentially at its record high — the riskier end of the range for fresh entries. Measured from its all-time low of $0.0928, CASH is up +977%.
What the price history shows
Within its 127-day range, CASH sits around the middle (the 31st percentile of recent daily closes).
Volatility profile
Recent action puts Cash in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a stablecoin like Cash
A grounded read on CASH comes down to three questions:
- Reserve quality — what backs CASH — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
