Ask about Mars Protocol
Logo of Mars ProtocolMars Protocol(MARS)
Total Value Locked$26,200

TVL by Chain

Neutron$26,200

Terra Classic$0

Osmosis$0

Key Metrics

Fees (Annualized)$101,284.88
Cumulative Fees$265,386

Neutron$265,386

Revenue (Annualized)$25,319.47
Cumulative Revenue$66,341

Neutron$66,341

Cumulative Perp Volume$64.87m
Cumulative Perp Volume by chain

Neutron$64.87m

$MARS Liquidity$367,364

Astroport$367,364

Protocol Information

Mars is a multichain credit protocol enabling borrowing and lending primitives in the Cosmos. With Mars v2, the protocol introduced Rover credit accounts to Osmosis. Much like Binance subaccounts, credit accounts act as transferrable NFT containers where users can deposit assets, and use them as collateral for borrowing, spot or margin trading, leveraged yield farming, and hedging — all with a single liquidation point

Category:Lending

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Hacks

Date: Dec 14, 2025

Protocol: Mars Perps

Amount: $960,000

Classification: Protocol Logic

Technique: Thin-Market Skew Exploit

Chains: Neutron

Language: Rust

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Mars Protocol?

Mars is a multichain credit protocol enabling borrowing and lending primitives in the Cosmos. With Mars v2, the protocol introduced Rover credit accounts to Osmosis. Much like Binance subaccounts, credit accounts act as transferrable NFT containers where users can deposit assets, and use them as collateral for borrowing, spot or margin trading, leveraged yield farming, and hedging — all with a single liquidation point

What is Mars Protocol's TVL?

Mars Protocol currently has $26,200 in total value locked. TVL has increased <0.1% over the past 30 days.

What chains does Mars Protocol operate on?

Mars Protocol operates on 3 chains: Neutron, Osmosis, and Terra Classic. Neutron holds the largest share at 100%.

Which protocols are included in Mars Protocol?

Mars Protocol is a parent protocol whose tracked products include Mars Lend and Mars Perps.

Has Mars Protocol ever been exploited?

Mars Protocol has 1 recorded security incident. The most recent incident occurred on Dec 14, 2025 and involved $960,000. It was classified as Protocol Logic.