Listing policy
An asset is listed only if it meets all five admission criteria. Every page shows the criteria met and the date of the last review.
Identified issuer
Named, registered legal entity established or regulated in the EEA.
Verifiable regulatory framework
Stablecoins: EMT or ART under MiCA, notified white paper. RWAs: prospectus, DLT Pilot Regime, eWpG or an equivalent national framework.
Official contracts
Addresses published by the issuer itself, verified by the Atlas team.
Transparency
Reserve attestations or underlying-asset reporting publicly available.
Real activity
Non-zero onchain supply and at least one market venue or identifiable use.
Verification levels
- Verified
- All criteria are met and contracts confirmed by the issuer. Only this status appears in rankings.
- Under review
- Asset submitted, verification in progress. Page viewable, excluded from rankings.
- Delisted
- Asset delisted: the reason and date remain on its page.
Fake-token protection
Tokens that reuse a known ticker without being the official issuance are never displayed. A contract-address search always says whether the address is official.
Example: an unknown address using the “EURC” ticker is flagged as “Unrecognized address · possible fake token”.
How metrics are calculated
Every data point is stored in its native unit. For a EUR stablecoin, 1 token = €1: supply, TVL and onchain volumes are already in euros.
- Market cap
- Circulating supply × price, all official chains. Bridged and wrapped versions are excluded.
- Price
- Volume-weighted average across listed markets, in EUR.
- Peg deviation
- Price ÷ €1 − 1. Stable < 0.25%, watch 0.25–1%, depeg > 1% for 15 min.
- NAV (RWA)
- Official value published by the manager or administrator. Never recalculated by Atlas.
- APY
- Variable yield annualized over 7 days, net of protocol fees.
- Conversion USD
- Daily ECB reference rate; Pyth and Chainlink oracles intraday.
Data sources
Native euro sources come first. USD sources are only a complement, converted at the ECB rate.
| Source | Data | Frequency |
|---|---|---|
| Onchain (RPC, indexers) | Supply, holders, flows, vault TVL | 5 min |
| Protocol APIs | Vault and market deposits and APY | 15 min |
| Issuers | Attestations, NAV, transparency pages | Daily |
| Exchanges with EUR pairs | Prices and volumes (Bitvavo, Kraken, Bitstamp, Coinbase) | 5 min |
| ESMA and national registers | Licenses, white papers, CASPs | Daily |
| ECB · Data Portal | EUR/USD reference rate | Daily |
Update frequency
Prices and yields: every 5 to 15 minutes. Regulatory data: daily. After 60 minutes without an update, a “Stale data” banner appears on the affected page.
Conflict of interest
Atlas is published by Kurate
Kurate curates lending vaults listed on Atlas. They are ranked by the same rules as every other vault and always carry the “by Kurate” badge. Atlas never features, pins or boosts them.
