Rebase Tokens
0.00%
−0.00%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
428 AMPL 428Ampleforth | $1.19 | 4.41% | −4.03% | 5.82% | $33.90 M | $12.75 M | $2,961.76 | |||
2563 BASE 2563Base Protocol | $1.60 | −4.84% | −10.98% | 8.47% | $771,971.46 | $771,971.46 | $3.00 | |||
3959 WM 3959Womo | $0.1767 | −4.49% | −7.03% | −14.15% | $176,713.69 | $176,713.69 | $10.39 | |||
6661 DIGG 6661DIGG | $36.44 | −3.82% | −80.37% | −81.26% | $20,913.88 | $240,981.50 | $8.98 | |||
7563 KLIMA 7563KlimaDAO | $0.001273 | −2.96% | −5.62% | −21.88% | $10,180.64 | $17,441.33 | $59.34 | |||
8260 DITTO 8260Ditto | $0.6998 | 0.25% | −5.78% | −12.18% | $5,567.00 | $5,567.00 | $1.99 | |||
9615 WSOHM 9615Wrapped Staked Olympus | $4.53 | 0.00% | −3.61% | 4.98% | -- | $294.06 | $0.37 | |||
9760 OHM 9760Olympus v1 | $27.07 | −3.98% | −5.62% | −36.43% | -- | $38.33 M | $410.54 |
Frequently Asked Questions
What is a rebase token?
Rebase tokens are elastic-supply crypto assets that algorithmically expand or contract total circulating supply — often daily — to push price toward a target. A rebase adjusts every wallet's token BALANCE proportionally, so token count changes while ownership percentage stays constant. This distinction defines the category: rebase tokens are a supply MECHANIC, not a market sector. Ampleforth (AMPL) pioneered the model in June 2019. DropsTab groups rebase tokens into two lineages — the Ampleforth elastic-supply family and the Olympus (3,3) staking-rebase family.
How does a rebase mechanism work?
A rebase mechanism compares a token's market price to a supply target, then adjusts total supply once price breaches a deviation band. Ampleforth (AMPL) rebases daily at 02:00 UTC and adjusts supply only when price deviates more than 5% from target. The supply change hits every holder proportionally. Rebase timing and the deviation threshold are the core parameters — traders read the mechanism, not price alone, because supply moves distort market-cap ranking for elastic-supply tokens.
What is a positive rebase versus a negative rebase?
A positive rebase increases every holder's token balance when price trades above target; a negative rebase shrinks balances when price trades below target. A positive rebase does NOT guarantee a USD gain — more tokens at a lower price can leave total value flat or lower. Negative rebases actively reduce token count during downtrends. Rebase direction reflects price-vs-target deviation, not profit — conflating a rising balance with a rising portfolio is the most common rebase-holder error.
Do you lose money on rebase tokens?
Yes — rebase token holders can lose money even when token balance grows. A positive rebase raises token count but not necessarily USD value, and a negative rebase shrinks the balance directly during price declines. Much of the listed rebase cohort — including 2021-era Olympus (3,3) forks like Snowbank (SB) and GRPL Finance (GRPL) — is now dormant or trades far below target. Rebase exposure carries oracle risk, depeg risk, and in some jurisdictions rebases count as taxable events.
What is the difference between rebase tokens and stablecoins?
Rebase tokens and stablecoins both target price stability but use opposite methods. A stablecoin like USDT holds a fixed $1 peg through fiat reserves and keeps your token count constant. A rebase token keeps price near target by changing your token count — supply moves, balance moves, and the peg is algorithmic and non-collateralized. Ampleforth (AMPL) targets the purchasing power of a CPI-adjusted 2019 dollar (~$1.18 as of April 2024), a MOVING inflation-indexed target — a "flatcoin" design distinct from fiat-backed stablecoins.
Which projects lead the rebase token list?
DropsTab lists rebase tokens across two lineages. The Ampleforth family covers elastic-supply "money": Ampleforth (AMPL), the 2019 pioneer; Base Protocol (BASE), pegged to total crypto market cap; DIGG (DIGG), a BTC-pegged rebase by Badger DAO; and Antiample (XAMP), an inverse experiment. The Olympus (3,3) family covers DeFi 2.0 staking-rebase: Olympus v1 (OHM), Wrapped Staked Olympus (wsOHM), and forks TempleDAO (TEMPLE), Snowbank (SB), GRPL Finance (GRPL), and GalaxyGoggle DAO (GG). Many Olympus forks are 2021-era and now dormant.
What is (3,3) staking in the Olympus rebase model?
(3,3) staking is a game-theory model from OlympusDAO where staking OHM earns rebase rewards funded by high token emissions. The (3,3) label marks the payoff cell where every participant staking is the collectively optimal outcome. High-APY rebase emissions proved unsustainable once buy pressure faded, and most (3,3) forks — Snowbank (SB), TempleDAO (TEMPLE), GRPL Finance (GRPL) — collapsed or depegged after 2021. Olympus v1 (OHM) remains the reference implementation of the (3,3) rebase-staking design.
Are rebase tokens a risky investment?
Rebase tokens carry high risk and are largely a historical DeFi cohort rather than an active sector. Key rebase risks: balance illusion, where a rising token count masks a flat or falling USD value; depeg and dormancy, since much of the listed cohort is illiquid; smart-contract and oracle risk in the rebase function; and death-spiral dynamics in (3,3) emission models. Ampleforth (AMPL) remains the durable reference implementation — its inflation-resistant "flatcoin" framing is the mechanic's main live use case.
How can I track rebase tokens on DropsTab?
DropsTab aggregates rebase tokens into a single category scanner covering both the Ampleforth and Olympus lineages. Per DropsTab data, Ampleforth (AMPL) rebases daily at 02:00 UTC toward a CPI-adjusted dollar target of ~$1.18 as of April 2024, with supply adjusting only past a 5% deviation band. The category list lets investors compare supply target, rebase frequency, and current-vs-target deviation side by side — the mechanism signals that matter more than price ranking for elastic-supply tokens.