Protocol Information
Kolibri is an Tezos based stablecoin built on Collateralized Debt Positions (CDPs) known as Ovens. Kolibri uses CDPs (referred to as an Oven) to collateralize a soft pegged USD-stable value asset, kUSD.
Category:CDP
Audits:
Methodology
TVL: TVL counts the XTZ tokens that are deposited to mint kUSD, and kUSD in the liquidity pool. Borrowed tokens are not counted.View code on GitHubCompetitors
Frequently Asked Questions
What is Kolibri's TVL?
Kolibri currently has $589,102.85 in total value locked. TVL has increased 7.4% over the past 30 days.
What chains does Kolibri operate on?
Kolibri operates on Tezos. Tezos holds the largest share at 100%.
How does Kolibri's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Kolibri ranks #48 by TVL. The category holds $7.74b across 203 protocols, and Kolibri accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Lista CDP, Liquity V1, crvUSD, Liquity V2, Frankencoin, Felix CDP, Inverse Finance FiRM, and Reservoir Protocol.