Introduction to Dollar On Chain (DOC) Stablecoin
Dollar On Chain (DOC) is a unique cryptocurrency with the core objective of serving as a decentralized stablecoin, maintaining a 1:1 value peg with the US dollar. Unlike many stablecoins that rely on fiat reserves or centralized institutions, DOC coin operates on the Rootstock network (a Bitcoin sidechain) via the Money On Chain protocol and is 100% collateralized by Bitcoin (in the form of rBTC).
This design aims to provide a trust-minimized and censorship-resistant stablecoin solution, allowing users to permissionlessly mint or redeem DOC tokens, thereby reducing reliance on the traditional financial system. The protocol also introduces a non-liquidation mechanism to address severe market volatility, preventing panic selling and forced liquidations.
How DOC Coin Works
DOC coin's operation is based on the Money On Chain protocol, which leverages the smart contract capabilities of the Rootstock network. Rootstock is a sidechain with a two-way peg to the Bitcoin network, meaning it can utilize Bitcoin's security while supporting smart contract functionality. The collateral for DOC coin is rBTC, which is Bitcoin pegged to Rootstock, locked within the Money On Chain protocol.
Users can mint DOC by locking rBTC and can also redeem DOC for rBTC. This mechanism ensures that the value of DOC coin is always backed by Bitcoin. Furthermore, the non-liquidation mechanism in the protocol's design aims to protect collateral from extreme market fluctuations, providing a degree of stability for BPRO holders (participants who provide collateral for DOC issuance and bear the risk of Bitcoin price volatility).
DOC Coin Market Performance
As of November 2, 2026, the price of Dollar On Chain (DOC) has fallen by approximately 0.90% over the past 7 days. Despite this pullback, its performance has outperformed the global cryptocurrency market (down approximately 3.20%) and similar stablecoin categories (down approximately 1.60%) during the same period.
According to the latest data, the current price of DOC coin is approximately between $0.99 and $1.03, with a total market capitalization of about $3.27 million to $3.29 million. Its 24-hour trading volume is approximately $3,226.13 to $6,135.76, and the circulating supply is about 3.316 million DOC. The all-time high price for DOC coin reached $2.02 (on June 14, 2026), and the all-time low was $0.7717 (on July 22, 2026).
Where to Trade DOC Coin?
Dollar On Chain (DOC) is primarily traded on decentralized exchanges (DEXs). Since DOC coin operates on networks like Rootstock and Arbitrum One, users can connect to these DEXs using compatible Web3 wallets (such as MetaMask) to trade.
Based on current market data, here are some decentralized platforms that support DOC coin trading:
- Oku Trade (Rootstock): Offers DOC trading services on the Rootstock network.
- Sovryn DEX (Rootstock): A popular decentralized exchange within the Rootstock ecosystem, also supports DOC trading.
- Uniswap V3 (Arbitrum One): On the Arbitrum One network, users can exchange DOC via Uniswap V3.
Please note that the cryptocurrency market is highly volatile. Before trading, always verify the liquidity and security of the trading platform and understand the associated risks.
The platform information provided in this article is subject to change as exchanges list and delist assets. Please refer to official exchange announcements for the latest information.
