Sovryn Dollar (DLLR) stablecoin analytics
Answer First
What is Sovryn Dollar (DLLR)?
DLLR is Sovryn's BTC-backed dollar stablecoin on Rootstock, minted 1:1 via the Mynt aggregator from a basket of underlying CDP stables (mostly ZUSD). The static profile records its US Dollar peg mechanism as: Mynt mints and redeems DLLR 1:1 against accepted bAssets; current supported bAssets include ZUSD and DOC
Is DLLR safe?
DLLR holds a C- Safety Score grade (51/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Sovryn Dollar uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Sovryn Dollar (DLLR) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
DLLR is Sovryn's BTC-backed dollar on Rootstock, minted 1:1 through the Mynt aggregator against a basket of Rootstock CDP stablecoins that is almost entirely ZUSD with a trace of DOC, and the holder balances can be read on-chain. Underlying bAssets carry overcollateralization against rBTC, so the backing pillar grades reasonably despite the concentration. The N/A overall grade is set by the exit pillar, the weakest of the three: Mynt redemption returns ZUSD or DOC rather than a same-notional dollar, and Pharos...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Basket of BTC-backed Rootstock stablecoins, currently dominated by Sovryn Zero ZUSD with a small Dollar on Chain balance
- Peg Mechanism
- Mynt mints and redeems DLLR 1:1 against accepted bAssets; current supported bAssets include ZUSD and DOC
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Rootstock.
Next Actions
Exact bot target: /subscribe dews,depeg,safety dllr-sovryn
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
DLLR quick answers
What is Sovryn Dollar (DLLR)?
DLLR is Sovryn's BTC-backed dollar stablecoin on Rootstock, minted 1:1 via the Mynt aggregator from a basket of underlying CDP stables (mostly ZUSD). The static profile records its US Dollar peg mechanism as: Mynt mints and redeems DLLR 1:1 against accepted bAssets; current supported bAssets include ZUSD and DOC
Is DLLR safe?
DLLR holds a C- Safety Score grade (51/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Sovryn Dollar uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs DLLR?
Pharos classifies DLLR backing as Crypto-Collateralized. Collateral, per the static profile: Basket of BTC-backed Rootstock stablecoins, currently dominated by Sovryn Zero ZUSD with a small Dollar on Chain balance Reserve evidence: live reserve feed configured.
Can DLLR be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for DLLR, when applicable, appear in the dossier below.
