Steem Dollars SBD

Where SBD sits in the market

Steem Dollars sits at #1680, inside the lower small-cap band. Depth here is shallow enough that one large order walks the book several percent and the print mean-reverts within the same session — which is why a single fixed price level is a fragile trigger, and a condition that tolerates one wick is the more useful construction. Listings are concentrated across a small number of venues, so volume-driven delisting is an active risk here rather than a hypothetical one.

CryptoPingAi is currently streaming 1 live SBD order book (HTX). That is thinner coverage than a #1680 ranking would normally imply — a move on one of these books is close to the whole market for SBD, with no deep second venue to arbitrage it back. None of the books we see for SBD are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

SBD against its all-time high

SBD is down more than 95% from its $19.02 peak (on 2021-05-20), leaving a 40.9x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For SBD the informative reference is the downside, which makes the range section below more relevant than this one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

SBD across its historical range

The recorded range runs 81.3x, from $0.2339 to $19.02 — wide by the standards of traditional assets, moderate for this one's class.

SBD trades within 98.9% of the all-time low of $0.2339 set on 2020-10-18. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. The low is old enough that it has held as a floor across multiple market regimes, which is a materially different situation from a low being freshly printed.

SBD supply and valuation data

Supply figures for SBD are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $5.1 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation.

What kind of asset SBD is

Steem Dollars does not fall cleanly into one of the categories that carry a standard analytical framework in this market. In that situation the price history and the supply structure described above are the reliable material, and the project's own documentation is the place to establish what the token is actually for.

CoinGecko files SBD under 1 categories, including SocialFi.

How to set a Steem Dollars alert that is worth receiving

Steem Dollars (SBD) — quoted on 1 venue we stream — high dated 2021-05-20 — rank #1680. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →