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ProtocolsMagma Finance

Information

TVL

Stablecoin Info

Magma Finance

Total Value Locked

$3.47m

Chain Breakdown
IoTeX	$3.47m

TVLUSD InflowsTweetsDevelopersDeveloper Commits

Protocol Information

A protocol that unlocks native chain token liquidity for a small one-time fee. IOTX collateral backed 0% loans. Censorship-proof stablecoins.

Category:CDP

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Development Activity

(updated at 19/05/24)

Weekly commits: 2
Monthly commits: 3
Weekly developers: 2
Monthly developers: 2

Last commit: 17 hours ago (2024-05-19)

Methodology

Competitors

Monroe Protocol ($986,503)xDollar ($247,530)MakerDAO ($5.621b)JustStables ($1.403b)Liquity ($643.61m)Helio Protocol ($253.43m)crvUSD ($224.48m)Thorchain Lending ($193.22m)Abracadabra Spell ($110.96m)Kava Mint ($71.06m)