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ProtocolsMagma Finance

Information

TVL

Stablecoin Info

Magma Finance

Total Value Locked

$3.41m

Chain Breakdown
IoTeX	$3.41m

TVLUSD InflowsTweetsDevelopersDeveloper Commits

Protocol Information

A protocol that unlocks native chain token liquidity for a small one-time fee. IOTX collateral backed 0% loans. Censorship-proof stablecoins.

Category:CDP

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Development Activity

(updated at 29/04/24)

Weekly commits: 1
Monthly commits: 10
Weekly developers: 1
Monthly developers: 2

Last commit: 2 days ago (2024-04-29)

Methodology

Competitors

Monroe Protocol ($959,502)xDollar ($252,354)MakerDAO ($5.613b)JustStables ($1.375b)Liquity ($657.42m)Helio Protocol ($232.82m)crvUSD ($193.53m)Thorchain Lending ($161.53m)Abracadabra Spell ($113.15m)Overnight USD+ ($65.77m)