Price change (24h):
2.31%
High (24h):
$0.424807
Low (24h):
$0.414339
Volume (24h):
$1.50M
Market Cap:
$4.16M
All Time High:
97.77% $19.02
May 20, 2021
All Time Low:
81% $0.23
Oct 18, 2020
Steem Dollars
SBD51.38 %(1Y)
$0.424274
About Steem Dollars
Steem Dollars (SBD) is a cryptocurrency. The token functions as a SocialFi stablecoin, originally engineered to maintain a $1 USD peg within the Steem ecosystem’s content-reward economy.
SBD emerged as a remedy for the price volatility endemic to native blockchain rewards. By attempting a soft peg to the US dollar, the token offers a predictable unit of account for bloggers, curators, and community members who earn payouts for their contributions on Steem-based applications. This design aimed to foster routine commerce and microtransactions without forcing users to immediately liquidate to fiat.
Steem Dollars operates on the Steem blockchain. The network natively supports the creation and transfer of SBD tokens as a stable-value instrument, integrated into a content-reward system where posts and comments earn payouts divided between STEEM and SBD. Author and curator rewards are algorithmically apportioned by the blockchain based on community voting weight.
The Steem blockchain employs SHA-256 hashing within its underlying cryptographic operations. It keeps SBD balances as a distinct asset class, and all transactions remain publicly auditable through block explorers like steemdb.io. The protocol embeds the token’s economic logic directly into the reward allocation layer, which splits payouts between STEEM and SBD.
Conceived alongside the Steem blockchain, the stablecoin was integrated from the network’s inception to facilitate stable payouts for user-generated content. The open-source codebase has accumulated 1,954 GitHub stars. Early adoption grew through the Steemit.com blogging interface, where users earned SBD for publishing and curating posts.
The project’s fundamental mission is to decouple content monetization from cryptocurrency volatility, enabling a censorship-resistant reward economy where creators earn predictable value for their work. By anchoring payouts to a dollar-pegged asset, Steem Dollars aims to make decentralized social finance more accessible for everyday commerce and remittance within the Steem network. This reduces reliance on external exchanges and allows on-chain value to circulate with minimal friction.
The protocol issues a portion of each content reward automatically in SBD, which recipients can hold, transfer, or convert to STEEM through a blockchain-enforced conversion mechanism. The token serves as the settlement unit for peer-to-peer transactions and is accepted by marketplaces that integrate with the Steem ecosystem. SBD holders may also initiate a conversion to STEEM at a rate derived from the network’s price feed, a feature designed to restore the peg during deviations.
Content creators receive SBD as payout and can either store it as a stable store of value within the ecosystem or trade it on external exchanges for other assets. Users who wish to transact in a dollar-denominated unit without exiting the blockchain use SBD for tipping, purchasing digital goods, or participating in Steem-based decentralized applications. Traders often arbitrage the peg against the open market, and remittance transfers can be executed instantly with negligible fees to any Steem account.
Steem Dollars has a total supply of 9,801,650.14 tokens. Currently, 9,801,650.14 are in circulation. With a market capitalization of $4,881,926, Steem Dollars ranks #1,657 among all cryptocurrencies.
Steem Dollars Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 12/06/2026 | $0.41 | $0.42 | $0.42 | $0.41 |
| 11/06/2026 | $0.41 | $0.41 | $0.42 | $0.41 |
| 10/06/2026 | $0.41 | $0.42 | $0.42 | $0.41 |
| 09/06/2026 | $0.42 | $0.41 | $0.42 | $0.40 |
| 08/06/2026 | $0.40 | $0.42 | $0.43 | $0.39 |
| 07/06/2026 | $0.50 | $0.40 | $0.50 | $0.39 |
| 06/06/2026 | $0.47 | $0.50 | $0.50 | $0.45 |
| 05/06/2026 | $0.47 | $0.47 | $0.47 | $0.45 |
Why is manual trading Steem Dollars a bad idea?
Manual sbd trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
-
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Steem Dollars (SBD) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live SBD price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Steem Dollars (SBD) is $0.424274. Over the last 24 hours, it has moved 2.31%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Steem Dollars on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your SBD investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Steem Dollars's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - SBD can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Steem Dollars is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. SBD can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
