Ask about Money ProtocolTotal Value Locked$5,204
TVL by Chain
Rootstock$5,204
Protocol Information
Money Protocol is a decentralized system that allows anyone to monetize or borrow against their Bitcoin without paying an annual interest rate. When locking up BTC as collateral in Money Protocol and creating a Vault, the user can get instant liquidity by minting BPD. Bitcoin Protocol Dollar or BPD is a decentralized, collateral-backed stablecoin target pegged to the US Dollar
Category:CDP
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest, redemption fees paid by borrowers and liquidation profitView code on GitHubRevenue: Total fees distributed to protocol and token holdersView code on GitHubHolders Revenue: Total fees distributed to holdersView code on GitHubCompetitors
Frequently Asked Questions
What is Money Protocol?
Money Protocol is a decentralized system that allows anyone to monetize or borrow against their Bitcoin without paying an annual interest rate. When locking up BTC as collateral in Money Protocol and creating a Vault, the user can get instant liquidity by minting BPD. Bitcoin Protocol Dollar or BPD is a decentralized, collateral-backed stablecoin target pegged to the US Dollar
What is Money Protocol's TVL?
Money Protocol currently has $5,204 in total value locked.
What chains does Money Protocol operate on?
Money Protocol operates on Rootstock. Rootstock holds the largest share at 100%.
How much has Money Protocol generated in fees and revenue?
Over the past 30 days, Money Protocol generated $0 in fees. Of that, $0 was protocol revenue.
How does Money Protocol's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Money Protocol ranks #136 by TVL. The category holds $8.305b across 190 protocols, and Money Protocol accounts for 0% of that total. Other leading protocols include Sky, USDD, and Lista DAO.
