Ask about Magma Finance · freeProtocol Information
A protocol that unlocks native chain token liquidity for a small one-time fee. IOTX collateral backed 0% loans. Censorship-proof stablecoins.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Magma Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 28, 2023 to Oct 25, 2026.
All-time high TVL: $6.48m on Apr 4, 2024. All-time low TVL: $6,818 on Jan 15, 2024.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $100,212 |
| Sep 27, 2026 | $98,256 |
| Sep 28, 2026 | $95,182 |
| Sep 29, 2026 | $91,772 |
| Sep 30, 2026 | $92,310 |
| Oct 1, 2026 | $95,482 |
| Oct 2, 2026 | $95,715 |
| Oct 3, 2026 | $95,095 |
| Oct 4, 2026 | $97,511 |
| Oct 5, 2026 | $99,807 |
| Oct 6, 2026 | $100,506 |
| Oct 7, 2026 | $101,293 |
| Oct 8, 2026 | $101,339 |
| Oct 9, 2026 | $103,477 |
| Oct 10, 2026 | $103,261 |
| Oct 11, 2026 | $104,139 |
| Oct 12, 2026 | $101,322 |
| Oct 13, 2026 | $100,168 |
| Oct 14, 2026 | $103,844 |
| Oct 15, 2026 | $100,580 |
| Oct 16, 2026 | $106,875 |
| Oct 17, 2026 | $106,405 |
| Oct 18, 2026 | $103,900 |
| Oct 19, 2026 | $108,820 |
| Oct 20, 2026 | $107,909 |
| Oct 21, 2026 | $108,716 |
| Oct 22, 2026 | $119,470 |
| Oct 23, 2026 | $111,012 |
| Oct 24, 2026 | $107,904 |
| Oct 25, 2026 | $101,161 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $2.72m |
| Dec 31, 2024 | $2.07m |
| Jan 31, 2025 | $1.64m |
| Feb 28, 2025 | $1.07m |
| Mar 31, 2025 | $945,756 |
| Apr 30, 2025 | $969,685 |
| May 31, 2025 | $1.06m |
| Jun 30, 2025 | $1.13m |
| Jul 31, 2025 | $1.37m |
| Aug 31, 2025 | $1.44m |
| Sep 30, 2025 | $1.23m |
| Oct 31, 2025 | $535,992 |
| Nov 30, 2025 | $391,766 |
| Dec 31, 2025 | $310,216 |
| Jan 31, 2026 | $311,511 |
| Feb 28, 2026 | $215,565 |
| Mar 31, 2026 | $125,078 |
| Apr 30, 2026 | $123,837 |
| May 31, 2026 | $123,391 |
| Jun 30, 2026 | $75,135 |
| Jul 31, 2026 | $60,708 |
| Aug 31, 2026 | $80,284 |
| Sep 30, 2026 | $92,310 |
| Oct 25, 2026 (latest) | $101,161 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $519,738 |
| Dec 31, 2024 | $2.07m |
| Dec 31, 2025 | $310,216 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/magma-finance
Frequently asked questions
What is Magma Finance's TVL?
As of Oct 25, 2026, Magma Finance has $98,820 in total value locked. TVL has increased 1.6% over the past 30 days.
What chains does Magma Finance operate on?
Magma Finance operates on IoTeX. IoTeX holds the largest share at 100%.
How does Magma Finance's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Magma Finance ranks #86 by TVL. The category holds $7.577b across 200 protocols, and Magma Finance accounts for <0.1% of that total. Similar protocols include xDollar, Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, Reservoir Protocol, Frankencoin, and Inverse Finance FiRM.