Logo of Meridian FinanceMeridian Finance(MST)

Total Value Locked$52,563

TVL by Chain

Telos$48,378

Base$2,376

Fuse$1,809

Taraxa$0

Artela$0

Key Metrics

Staked$0

Protocol Information

Meridian is a decentralized, non-custodial, governance-free borrowing protocol that enables users to obtain interest-free loans against ETH collateral. Loans are paid in USDM, which is a USD pegged stablecoin

WebsiteX/Twitter
Category:CDP

Methodology

TVL: Deposited Collateral on Meridian MintView code on GitHub

Competitors

Reservoir Protocol ($72.77m)BTCFi CDP ($7.94m)QiDao ($2.44m)Parallel Protocol V3 ($826,798)Base Dollar ($271,309)Preon Finance ($264,575)Vaultedge ($220,918)Button Wrappers ($32,895)Deaderal Reserve Protocol ($3,163)Basin DAO ($311.31)

Frequently Asked Questions

What is Meridian Finance's TVL?

Meridian Finance currently has $52,563 in total value locked. TVL has increased 0.4% over the past 30 days.

What chains does Meridian Finance operate on?

Meridian Finance operates on 5 chains: Telos, Base, Fuse, Taraxa, and Artela. Telos holds the largest share at 92%.

How does Meridian Finance's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Meridian Finance ranks #99 by TVL. The category holds $8.308b across 198 protocols, and Meridian Finance accounts for <0.1% of that total. Other leading protocols include Reservoir Protocol, BTCFi CDP, QiDao, Parallel Protocol V3, Base Dollar, Preon Finance, Vaultedge, Button Wrappers, Deaderal Reserve Protocol, and Basin DAO.