Logo of Money ProtocolMoney Protocol
Total Value Locked$4,878

TVL by Chain

Rootstock$4,878

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

CategoryCDP

Audits:

GitHubTwitter

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 GitHub

Competitors

Sovryn Zero ($15.92m)