Stable price

Reference · reviewed 14 Nov 2026

What Stable is

Stable is a blockchain network for digital assets, with STABLE as its associated token. The project focuses on stablecoin-related activity and on-chain transactions, providing a shared settlement environment for digital assets. In plain terms, it aims to make transfers and other network activity easier to use. STABLE is not itself a stablecoin: it is the network’s native utility asset rather than a token designed to track a fixed value. Further project information is available at stable.xyz.

What STABLE is used for

STABLE is used within the Stable network. Its core role is paying transaction fees, which supports transfers and application use through the network’s native asset. It also supports staking, allowing holders to help secure the network, and governance participation, providing a way to vote on network changes. Holding STABLE does not represent a claim on reserves, income or a fixed value; its usefulness depends on network participation, while its market price remains subject to supply and demand.

Supply

As of November 2026, circulating supply is 22,091,993,484 STABLE. Total supply and maximum supply are both 100,000,000,000 STABLE, meaning 22.1% of the maximum has been issued. A maximum supply sets a fixed ceiling on how much can exist; an uncapped supply would have no such limit. Here, the maximum and total supply match, but that does not mean every token is already circulating. Additional issuance can increase circulating supply and may dilute existing holders if the new tokens are sold. The circulating figure can change over time.

How Stable has traded

STABLE first traded in December 2025 at $0.03173. Its all-time high was $0.04566 on 8 December 2025. These are historical reference points, not live quotes. Annualised volatility is 124%, indicating that its trading price can move sharply over time. The deepest drawdown in the past year was -71.5%, measured from a peak to a later trough. That decline shows the scale of loss possible during an adverse market period. Past trading does not establish how the asset will perform next, and investors may experience gains or losses at different times depending on when they buy and sell.

Risks to understand

The main risk is substantial market volatility: the 124% annualised volatility and -71.5% deepest drawdown show why STABLE should not be treated as a cash-like holding. Because it is not a stablecoin, it should not be assumed to track a fixed value. Supply changes are another risk. Although the maximum supply is capped, further issuance up to that ceiling could dilute holders if demand does not grow. Technical risks include network outages, software bugs, consensus failures and attacks, while staking and governance can introduce risks if participation or voting power becomes concentrated. Regulatory treatment of native tokens and stablecoin-focused services may also change. Users should also consider operational risks, including compromised wallets, failed transactions and incorrect network choices.