Ask about Amulet FinanceTotal Value Locked$9,301.68
TVL by Chain
Neutron$9,301.68
Protocol Information
Amulet is a set of smart contracts enabling users to obtain synthetics by way of self-repaying loans, called Advances, against their future yield on staking assets via Proof of Stake or LSTs. No Advances are ever liquidated as the synthetics are treated 1:1 with the native asset by the smart contracts. As yield is earned by a vault, it automatically pays down debt for all open positions against that vault.
Category:Synthetics
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFrequently Asked Questions
What is Amulet Finance?
Amulet is a set of smart contracts enabling users to obtain synthetics by way of self-repaying loans, called Advances, against their future yield on staking assets via Proof of Stake or LSTs. No Advances are ever liquidated as the synthetics are treated 1:1 with the native asset by the smart contracts. As yield is earned by a vault, it automatically pays down debt for all open positions against that vault.
What is Amulet Finance's TVL?
Amulet Finance currently has $9,301.68 in total value locked. TVL has decreased 15% over the past 30 days.
What chains does Amulet Finance operate on?
Amulet Finance operates on Neutron. Neutron holds the largest share at 100%.
How does Amulet Finance's TVL compare to similar protocols?
Among Synthetics protocols tracked by DefiLlama, Amulet Finance ranks #18 by TVL. The category holds $68.44m across 36 protocols, and Amulet Finance accounts for <0.1% of that total. Other leading protocols include Alchemix, Youves, and Metronome.