Logo of LaDAO XocolatlLaDAO Xocolatl
Total Value Locked$10,288.41

TVL by Chain

Polygon$10,216.62

BSC$71.79

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

Category:CDP

Audits:

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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 ($10m)QiDao ($2.32m)Angle ($1.91m)Davos Protocol ($20,712.72)MahaDAO Arth ($15,135.39)USDD ($1.292b)Lista CDP ($239.8m)Reservoir Protocol ($32.73m)BitU Protocol ($19.55m)BIMA CDP ($7.44m)

Frequently Asked Questions

What is LaDAO Xocolatl?

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

What is LaDAO Xocolatl's TVL?

LaDAO Xocolatl currently has $10,288.41 in total value locked. TVL has increased 1.4% 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 #118 by TVL. The category holds $7.634b across 192 protocols, and LaDAO Xocolatl accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.