Protocol Information
Crocodile Finance, an Algorithmic Stablecoin where 1 $CROC is equivalent to 1 $AVAX. Algorithmic stablecoins are non-collateralized tokens designed to follow the price of their pegged asset, offering greater capital efficiency than traditional collateralized stablecoins
Category:Algo-Stables
Methodology
TVL: Pool2 deposits consist of CROC/S and GCROC/S LP tokens deposits while the staking TVL consists of the GCROCs tokens locked within the Masonry contract(0x08abd7Cb539AB7c6d46939381ff607d33d7c6962).View code on GitHubCompetitors
Frequently Asked Questions
What is Crocodile Finance?
Crocodile Finance, an Algorithmic Stablecoin where 1 $CROC is equivalent to 1 $AVAX. Algorithmic stablecoins are non-collateralized tokens designed to follow the price of their pegged asset, offering greater capital efficiency than traditional collateralized stablecoins
What is Crocodile Finance's TVL?
Crocodile Finance currently has $4.87 in total value locked. TVL has increased 21.8% over the past 30 days.
What chains does Crocodile Finance operate on?
Crocodile Finance operates on Avalanche. Avalanche holds the largest share at 100%.
How does Crocodile Finance's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, Crocodile Finance ranks #42 by TVL. The category holds $54.88m across 102 protocols, and Crocodile Finance accounts for <0.1% of that total. Other leading protocols include Frax Finance, Mento, and Sigmausd.