Ask about Magnate Finance · freeMagnate Finance(MAG)Deprecated protocol
Protocol Information
Build a novel lending protocol with a dynamic interest rate model and more capital-efficient risk management pools.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Aug 25, 2023
Amount: $6.5m
Classification: Rugpull
Technique: Treasury Misappropriation
Chains: Base
Language: Solidity
Target Type: DeFi Protocol
Magnate Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 4, 2023 to Jun 11, 2025.
All-time high TVL: $6.41m on Aug 25, 2023. All-time low TVL: $2 on Aug 4, 2023.
Daily TVL, Aug 17, 2024 to Jun 11, 2025
| Date | TVL |
|---|---|
| Aug 17, 2024 | $0 |
| Aug 18, 2024 | $0 |
| Aug 19, 2024 | $0 |
| Aug 20, 2024 | $0 |
| Aug 21, 2024 | $0 |
| Aug 22, 2024 | $0 |
| Aug 23, 2024 | $0 |
| Aug 24, 2024 | $0 |
| Aug 25, 2024 | $0 |
| Aug 26, 2024 | $0 |
| Aug 27, 2024 | $0 |
| Aug 28, 2024 | $0 |
| Aug 29, 2024 | $0 |
| Aug 30, 2024 | $0 |
| Aug 31, 2024 | $0 |
| Sep 1, 2024 | $0 |
| Sep 2, 2024 | $0 |
| Sep 3, 2024 | $0 |
| Sep 4, 2024 | $0 |
| Sep 5, 2024 | $0 |
| Sep 6, 2024 | $0 |
| Sep 7, 2024 | $0 |
| Sep 8, 2024 | $0 |
| Sep 9, 2024 | $0 |
| Sep 10, 2024 | $0 |
| Sep 11, 2024 | $0 |
| Jun 6, 2025 | $0 |
| Jun 7, 2025 | $0 |
| Jun 8, 2025 | $0 |
| Jun 11, 2025 | $0 |
TVL at each month end, Aug 2023 to Jun 2025
| Date | TVL |
|---|---|
| Aug 31, 2023 | $0 |
| Sep 30, 2023 | $0 |
| Oct 31, 2023 | $0 |
| Nov 30, 2023 | $0 |
| Dec 31, 2023 | $0 |
| Jan 31, 2024 | $0 |
| Feb 29, 2024 | $0 |
| Mar 31, 2024 | $0 |
| Apr 30, 2024 | $0 |
| May 31, 2024 | $0 |
| Jun 30, 2024 | $0 |
| Jul 31, 2024 | $0 |
| Aug 31, 2024 | $0 |
| Sep 11, 2024 | $0 |
| Jun 11, 2025 (latest) | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/magnate-finance
Frequently asked questions
What is Magnate Finance's TVL?
As of Jun 11, 2025, Magnate Finance has $0 in total value locked.
What chains does Magnate Finance operate on?
Magnate Finance operates on Base.
Has Magnate Finance ever been exploited?
Magnate Finance has 1 recorded security incident. The most recent incident occurred on Aug 25, 2023 and involved $6.5m. It was classified as Rugpull.