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AnswerBacked by Stablecoin flow by chain: where dollars actually moved over 30 days

Which chain gained the most stablecoins this month?

TRON added $1.84B of stablecoins to its float over the last 30 days, the largest net inflow among the 26 chains OpenChainBench tracks above $100M of pegged-dollar float. Net flow is the dollar change in stablecoins circulating on the chain, every issuer combined, read from DeFiLlama's per-chain series and ranked on the same 30-day window for every chain.

Data as of , refreshed continuously.

TVL tells you where capital sits; stablecoin flow tells you where it is going. A dollar of USDC or USDT only appears on a chain when somebody mints or bridges it there on purpose, and it only leaves when somebody redeems or bridges it out, so the monthly change in a chain's stablecoin float is the closest public reading of capital actually moving between ecosystems. This page ranks every chain in the OpenChainBench registry that DeFiLlama tracks above $100M of float by that 30-day change, in dollars, with the percentage, the 7-day change and the total float next to it. Dollars and percentages rank differently on purpose. The same $500M inflow is a rounding error on Ethereum or Tron and a step change on a chain with $2B of float; the dollar column says how much moved, the percentage column says how much it mattered to the chain.

Live leaderboard, top 5

  1. TRON logo

    TRON

    #1 · Net stablecoin flow (30d)

    $1.84Bp99 $1.84B
  2. Hyperliquid logo

    Hyperliquid

    #2 · Net stablecoin flow (30d)

    $649.04Mp99 $649.04M
  3. Solana logo

    Solana

    #3 · Net stablecoin flow (30d)

    $450.72Mp99 $450.72M
  4. Plasma logo

    Plasma

    #4 · Net stablecoin flow (30d)

    $401.51Mp99 $401.51M
  5. Robinhood Chain logo

    Robinhood Chain

    #5 · Net stablecoin flow (30d)

    $285.19Mp99 $285.19M

Full live data: /benchmarks/chain-stablecoin-flow.

Methodology and data sources

DeFiLlama's stablecoin endpoint returns the daily circulating amount of every pegged-USD stablecoin per chain. The chain-kpis harness reads the full history for each registry chain once an hour, sums the issuers, and differences it: the 30-day net flow is today's float minus the float 30 days ago, the 7-day flow the same over a week, and the two percentages divide by the earlier float. The cohort is the registry chains above $100M of float when the cohort was set (23 September 2026); chains below it move by tens of percent on a single mint and would rank issuance events rather than flows. The bench page carries the exact query behind every cell.

What this number does not tell you

  • ·An inflow is not adoption on its own. Dollars can arrive and sit idle in a treasury or a bridge contract, and they can leave because one issuer redeemed a large position rather than because users left. Read the flow next to the chain's DEX volume and TVL.
  • ·Issuer events dominate short windows. A single large mint or burn by Tether or Circle moves the 7-day figure of a mid-sized chain by more than a month of organic activity; the 30-day window smooths this but does not remove it.
  • ·Coverage is the chains DeFiLlama tracks for stablecoins that sat above $100M when the cohort was set. A chain outside the OpenChainBench registry, or one that crossed the floor since, is not on the board until the next spec review.
  • ·Bridged stablecoins are counted where they circulate. A USDC bridged from Ethereum to an L2 leaves Ethereum's float and joins the L2's, which is the intended reading, but a wrapped representation not recognized by DeFiLlama is invisible.
  • ·OpenChainBench measures; it does not advise. A chain gaining float is a fact about capital, not a recommendation about its token.

Frequently asked questions

Which chain gained the most stablecoins over the last 30 days?
TRON, with a net inflow of $1.84B. The bench page ranks all 26 cohort chains on the same window and shows the 7-day move and the total float next to each, refreshed hourly.
Why rank on dollars rather than on percentage?
Because the dollar figure is the quantity of capital that moved; the percentage is on the page beside it. The two rank differently: an inflow that barely registers on the largest chains can be a third of a smaller chain's float.
How is this different from TVL?
TVL is a level and this is a flow. An asset deposited a year ago still counts in TVL today; stablecoin float only changes when dollars are minted, redeemed or bridged, so its monthly change reads where capital is moving now rather than where it settled.
How is this different from bridged TVL?
Bridged TVL, from L2Beat, is the value a scaling chain's bridges secure; it covers L2s only and measures value at rest. Stablecoin flow covers every chain DeFiLlama tracks, Solana, Tron and BNB included, and measures dollars arriving or leaving over a window.
Can I get the series?
Yes. The bench's /api/stat endpoint returns the ranked table as JSON, the /api/series endpoint returns 7, 30, 90 day and 1 year ranges, and kv.openchainbench.com/aggregate/chains/history.json keeps one point per UTC day per chain (float, net flow, TVL, DEX volume). Everything is CC BY 4.0.

Related questions

Same data as /benchmarks/chain-stablecoin-flow, refreshed every minute. Open methodology, open source.