Logo of LaDAO XocolatlLaDAO Xocolatl
Total Value Locked$13,553.51

TVL by Chain

Polygon$13,457.47

BSC$96.04

Protocol Information

LaDAO is the organization bringing Defi and web3 to Mexico. We created and maintain $XOC; the first decentralized stablecoin with close peg to the mexican (MXN) peso. The xocolatl protocol is the system that allows $XOC to be minted or burned using overcollateralization of crypto assets

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Category:CDP

Audits:

Methodology

TVL: Counts all the tokens being used as collateral in the House of Reserves contracts that back $XOC. $XOC is the first decentralized stablecoin with peg close to the mexican (MXN) peso.View code on GitHub

Competitors

Overnight Finance ($9.99m)QiDao ($2.69m)Angle ($1.97m)Davos Protocol ($24,396.19)MahaDAO Arth ($20,271.23)USDD ($1.245b)Lista CDP ($227.31m)Reservoir Protocol ($73.73m)BitU Protocol ($19.55m)BIMA CDP ($9.3m)

Frequently Asked Questions

What is LaDAO Xocolatl's TVL?

LaDAO Xocolatl currently has $13,553.51 in total value locked. TVL has increased 31.3% over the past 30 days.

What chains does LaDAO Xocolatl operate on?

LaDAO Xocolatl operates on 2 chains: BSC and Polygon. Polygon holds the largest share at 99.3%.

How does LaDAO Xocolatl's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, LaDAO Xocolatl ranks #124 by TVL. The category holds $7.761b across 203 protocols, and LaDAO Xocolatl accounts for <0.1% of that total. Other leading protocols include Overnight Finance, QiDao, Angle, Davos Protocol, MahaDAO Arth, USDD, Lista CDP, Reservoir Protocol, BitU Protocol, and BIMA CDP.