Logo of Flat Money V2

Flat Money V2(DHT)

Total Value Locked$1.18m

TVL by Chain

Arbitrum$1.18m

OP Mainnet$250.87

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Protocol Information

Flat Money is a smart contract protocol that allows users to mint UNIT, an on-chain flatcoin backed by liquid staking ETH.

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Category:Partially Algorithmic Stablecoin

Audits:

Methodology

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

Competitors

dTRINITY dUSD ($1.31m)UXD ($297,626)Flat Money V1 ($11.18)Chi Protocol ($1.20)FxDAO

Frequently asked questions

What is Flat Money V2's TVL?

Flat Money V2 currently has $1.18m in total value locked. TVL has increased 5.6% over the past 30 days.

What chains does Flat Money V2 operate on?

Flat Money V2 operates on 2 chains: Arbitrum and OP Mainnet. Arbitrum holds the largest share at 100%.

How does Flat Money V2's TVL compare to similar protocols?

Among Partially Algorithmic Stablecoin protocols tracked by DefiLlama, Flat Money V2 ranks #2 by TVL. The category holds $2.79m across 6 protocols, and Flat Money V2 accounts for 42.4% of that total. Other leading protocols include dTRINITY dUSD, UXD, Flat Money V1, Chi Protocol, and FxDAO.