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ProtocolsMagma Finance

Information

TVL

Stablecoin Info

Magma Finance

Total Value Locked

$3.65m

Chain Breakdown
IoTeX	$3.65m

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 17/05/24)

Weekly commits: 1
Monthly commits: 2
Weekly developers: 1
Monthly developers: 2

Last commit: a day ago (2024-05-17)

Methodology

Competitors

Monroe Protocol ($1.04m)xDollar ($256,817)MakerDAO ($5.652b)JustStables ($1.432b)Liquity ($664.42m)Helio Protocol ($253.42m)crvUSD ($225.7m)Thorchain Lending ($193.99m)Abracadabra Spell ($112.17m)Kava Mint ($71.56m)