Ask about Magnify Cash
Logo of Magnify CashMagnify Cash(MAG)
Total Value Locked$157.08

TVL by Chain

World Chain$157.08

Key Metrics

Active Loans$9,169.75

$MAG Liquidity$19,381

Raydium AMM$19,381

Protocol Information

Magnify Cash is revolutionizing micro-lending by combining WorldID verification with gas-free transactions, making loans accessible to billions globally

Category:Lending

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Methodology

TVL: Count TVL by getting balance of USDC in V1, V2 Contracts. Counts total active borrowed using LoanRequested events subtracted by LoanRepaid events from V1 and V2 ContractsView code on GitHub

Competitors

Morpho Blue ($7.571b)Capyfi ($9.65m)Credit ($258,603.9)PWN ($23,960.11)Fisclend Finance ($59.09)

Frequently Asked Questions

What is Magnify Cash?

Magnify Cash is revolutionizing micro-lending by combining WorldID verification with gas-free transactions, making loans accessible to billions globally

What is Magnify Cash's TVL?

Magnify Cash currently has $157.08 in total value locked. TVL has increased <0.1% over the past 30 days.

What chains does Magnify Cash operate on?

Magnify Cash operates on World Chain. World Chain holds the largest share at 100%.

How does Magnify Cash's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Magnify Cash ranks #397 by TVL. The category holds $40.481b across 464 protocols, and Magnify Cash accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through Magnify Cash?

Magnify Cash currently has $9,169.75 in active loans.