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SoFiUSD

SOFIDRank #131Health 77
$0.99800.16%24h

Live · updated 4 minutes ago

Market cap$305.76M
24h volume$8.79M
Circulating306.37M
From all-time high-0.4%
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SoFiUSD Price chart

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Hover or drag across the chart to read any day

Key stats

All-time high
$1.00
7 Aug 2026
All-time low
$0.9911
4 Aug 2026
BTC price
0.00000000
BTC
Volume / market cap
2.87%
 
Share of market
0.01%
 
Fully diluted
$305.76M
1.00×

Performance

How the price moved over each period.

1h-0.01%
24h-0.16%
7d-0.01%

Supply

No capMax supply

306.37M SOFID circulate. No maximum supply is set.

Circulating
306.37M
Total supply
306.37M
Max supply
No max supply
ⓘ Circulating · Total supply · Max supply

Circulating supply: coins currently available to trade, as reported by the data provider.

Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.

Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.

CryptoWave Health score

Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.

Strong
77
out of 100
Liquidity 25%
70

Volume is 2.87% of market cap. Normal turnover for its size.

Market depth 25%
42

$305.76M market cap, rank #142. Bigger is harder to push around.

Supply unlocked 15%
96

100% of the total supply circulates. Little dilution ahead.

Distance from peak 15%
98

0.4% below its all-time high of $1.00.

Price stability 20%
98

Largest recent swing: 0.16% a day. Calm.

Describes market structure today. Not a price forecast and not investment advice.

How this score is calculated

A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:

  • Liquidity (25%): 24-hour trading volume divided by market cap.
  • Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
  • Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
  • Distance from peak (15%): the current price compared with the all-time high.
  • Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).

Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.

Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.

Time machine

Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.

Strategy

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About SoFiUSD

What is SoFiUSD (SOFID)?

SoFiUSD is a US dollar stablecoin issued by SoFi Bank, N.A., a nationally chartered bank regulated by the US Office of the Comptroller of the Currency. SoFi Technologies announced it on 18 December 2025 and described it as the first stablecoin issued by a national bank on a public, permissionless blockchain. It launched on Ethereum, and SoFi says support may expand to other networks over time.

How SoFiUSD works

SoFi positions the token as settlement infrastructure for banks, fintechs and enterprise partners, and says it will also become available to SoFi members. The design is simple:

  • Backing: SoFi says SoFiUSD is fully reserved one to one by cash, held for immediate redemption.
  • Reserve location: SoFi says the cash sits in its account at the Federal Reserve, which it argues avoids liquidity and credit risk from reserve assets.
  • Use: moving dollars between institutions and, over time, to consumers, around the clock on a public chain.

Some analysts have noted that, because it is backed only by cash held at a regulated bank, SoFiUSD looks closer to a tokenized bank deposit than to a stablecoin backed by a mix of assets. Mint and redemption rules depend on SoFi's terms, so access may be limited to approved partners or members at first.

SOFID supply and token design

SoFiUSD has no fixed cap. Supply follows demand, because tokens are created when dollars are deposited and removed when they are redeemed. The token is on Ethereum and can be checked on Etherscan. Live circulating supply is shown in the market data on this page.

Because the issuer is a bank, the legal rights of holders come from SoFi's own terms. Read those terms rather than assuming the token behaves like an insured deposit.

Official information is on sofi.com.

What to check before using SOFID

  • Counterparty risk: the token depends on one issuer, SoFi Bank, and its ability to redeem at par.
  • Confirm whether holdings carry deposit insurance. A token and a bank account are not the same thing.
  • Access may be staged. Mint, redeem and member availability may be limited by region or account type.
  • Liquidity on exchanges can be thinner than for large stablecoins, so market prices may drift from one dollar.
  • Only use the contract listed by the issuer. Stablecoin impersonation is common.

SoFiUSD project profile

Categories: StablecoinsUSD Stablecoin

Token contracts

Always confirm links on the project's own official channels before connecting a wallet or sending funds.

SoFiUSD market analysis

With a market capitalisation of $305.76 million, SoFiUSD (SOFID) is classed as a small-cap asset and ranks #142 of 1,341 cryptocurrencies with a reported market cap on CryptoWave, larger than about 89.4% of them. It accounts for roughly 0.01% of the combined tracked market value. Small-cap assets can move quickly on news or exchange listings, and liquidity can thin out fast in sell-offs.

Over the last 24 hours roughly $8.79 million of SOFID changed hands, equal to 2.87% of its market cap, which puts its trading volume ahead of about 87.1% of tracked assets. That is a moderate, fairly typical level of turnover. Its turnover ratio is higher than that of about 41% of tracked assets.

Price action: SOFID moved −0.16% in 24 hours and −0.01% over 7 days. It outperformed Bitcoin by 2.02 percentage points over 24 hours and by 3.85 points over 7 days. Against the median tracked coin (ahead by 2.08 points on the day and ahead by 6.20 points on the week), it has been a relative strength in recent sessions.

To overtake Starknet (STRK) just above it, SoFiUSD would need to grow its market cap by about 1.6%; it is 0.4% larger than Pendle (PENDLE) just below. Its market cap is 0.02% of Bitcoin's.

Based on market data; not investment advice.

SoFiUSD FAQ

What is SoFiUSD (SOFID)?

SoFiUSD is a US dollar stablecoin issued by SoFi Bank, N.A. It is backed one to one by cash and runs on Ethereum.

Who issues SoFiUSD?

SoFi Bank, N.A., a national bank regulated by the OCC, issues it. SoFi Technologies announced the launch on 18 December 2025.

What backs SoFiUSD?

SoFi says it is fully reserved one to one by cash for immediate redemption, held in its account at the Federal Reserve.

What is SoFiUSD used for?

SoFi positions it as settlement infrastructure for banks, fintechs and enterprise partners. It also plans to offer it to SoFi members.

Price history

DateOpenHighLowClose
Historical price data is not available yet for this asset.