Ask about Coffin Finance
Logo of Coffin FinanceCoffin Finance(COFFIN)
Total Value Locked$20.68

TVL by Chain

Fantom$20.68

Key Metrics

Staked$0

Protocol Information

Coffin Finance protocol is a partially collateralized stable token project. Coffin Finance team believes in the potential of Fantom Opera, so rather than using USDC, it uses FTM and COFFIN (the protocol's native token) as collaterals to mint CoUSD stable tokens. This makes it truly decentralized! A big part of the platform revenue will be given back to the community through its high yield farming options, which includes both staking liquidity pairs and single asset staking.

Category:Algo-Stables

Audits:

Twitter

Methodology

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

Competitors

Dopple Finance ($162,718.24)Based V1 ($81.01)Creditum ($10.22)Tomb ($0.00017)Fantasm ($0)Scarab Finance2omb FinancePaprprintrSpecter FinanceMagik Finance AlgoStable

Frequently Asked Questions

What is Coffin Finance?

Coffin Finance protocol is a partially collateralized stable token project. Coffin Finance team believes in the potential of Fantom Opera, so rather than using USDC, it uses FTM and COFFIN (the protocol's native token) as collaterals to mint CoUSD stable tokens. This makes it truly decentralized! A big part of the platform revenue will be given back to the community through its high yield farming options, which includes both staking liquidity pairs and single asset staking.

What is Coffin Finance's TVL?

Coffin Finance currently has $20.68 in total value locked. TVL has decreased 33.3% over the past 30 days.

What chains does Coffin Finance operate on?

Coffin Finance operates on Fantom. Fantom holds the largest share at 100%.

How does Coffin Finance's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Coffin Finance ranks #37 by TVL. The category holds $54.88m across 102 protocols, and Coffin Finance accounts for <0.1% of that total. Other leading protocols include Frax Finance, Mento, and Sigmausd.