Logo of Finext FinanceFinext Finance(FINX)
Total Value Locked$61,091.54

TVL by Chain

Arbitrum$61,091.54

Protocol Information

FINEXT is a decentralized finance (DeFi) with a seigniorage algorithmic token on Arbitrum, bringing a model that follows the price of a defined asset (ETH in this case).

Category:Algo-Stables
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Methodology

TVL: Calculator USDC and WETH staked to genesis pool contractView code on GitHub

Competitors

OrderNChaos ($60,541.45)Lumi Finance ($24,848.13)GmCash ($45.65)ArbiTen ($2)BeanstalkRipaeFrax ($46.68m)Mento V2 ($11.55m)Sigmausd ($444,473.06)Ostable ($353,268.26)

Frequently Asked Questions

What is Finext Finance?

FINEXT is a decentralized finance (DeFi) with a seigniorage algorithmic token on Arbitrum, bringing a model that follows the price of a defined asset (ETH in this case).

What is Finext Finance's TVL?

Finext Finance currently has $61,091.54 in total value locked. TVL has increased 0.7% over the past 30 days.

What chains does Finext Finance operate on?

Finext Finance operates on Arbitrum. Arbitrum holds the largest share at 100%.

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

Among Algo-Stables protocols tracked by DefiLlama, Finext Finance ranks #10 by TVL. The category holds $60.28m across 102 protocols, and Finext Finance accounts for 0.1% of that total. Other leading protocols include OrderNChaos, Lumi Finance, GmCash, ArbiTen, Beanstalk, Ripae, Frax, Mento V2, Sigmausd, and Ostable.