Ask about Basis Cash
Logo of Basis CashBasis Cash(BAC)
Total Value Locked$205,712.46

TVL by Chain

Ethereum$205,712.46

Key Metrics

Total Raised$133m

Apr 18, 2018$133mRound: ICOInvestors: 1Confirmation, a16z, Bain Capital Crypto, Ceyuan Ventures, DCG, Fabric Ventures, Foundation Capital, Fresco Capital, Lightspeed Venture Partners, MetaStable Capital, MPGI, Naval Ravikant, NewDo Venture, Oyster Ventures, Pantera Capital, Polychain, Sky Capital, Sora Ventures, Underscore VC, Valor Capital Group, Wing Venture Capital, ZhenFund

Protocol Information

Basis Cash is a censorship-resistant and fairly distributed implementation of the Basis Protocol.

Category:Algo-Stables

Audits:

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Frax ($45.4m)Mento V2 ($11.14m)SPOT Cash ($199,011.47)Frax FPI ($94,339.61)Oin Finance ($35,699.35)XUSD Money ($25,376.82)Generic.Money ($19,105.61)Spice Trade ($7,479.85)TiTi Protocol ($7,257.7)OpenDAO ($617.48)

Frequently Asked Questions

What is Basis Cash?

Basis Cash is a censorship-resistant and fairly distributed implementation of the Basis Protocol.

What is Basis Cash's TVL?

Basis Cash currently has $205,712.46 in total value locked. TVL has decreased 16.3% over the past 30 days.

What chains does Basis Cash operate on?

Basis Cash operates on Ethereum. Ethereum holds the largest share at 100%.

How does Basis Cash's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Basis Cash ranks #5 by TVL. The category holds $58.44m across 102 protocols, and Basis Cash accounts for 0.4% of that total. Other leading protocols include Frax Finance, Mento, and Sigmausd.