Ask about Monroe Protocol

Logo of Monroe ProtocolMonroe Protocol

Total Value Locked$7,553

TVL by Chain

Avalanche$4,006

Manta$3,518

Ethereum$29.63

Protocol Information

Monroe is a decentralized omnichain LST backed stablecoin factory.

GitHubX/Twitter
Category:CDP

Audits:

Methodology

TVL: Adds up the total value locked as collateral in Monroe vaultsView code on GitHub

Competitors

Abracadabra Spell ($5.05m)QiDao ($2.43m)Angle ($1.83m)Parallel Protocol V3 ($872,766)xDollar ($179,862)Button Wrappers ($32,944)Sky Lending ($5.88b)USDD ($1.256b)Liquity V1 ($194.17m)crvUSD ($157.94m)

Frequently Asked Questions

What is Monroe Protocol's TVL?

Monroe Protocol currently has $7,553 in total value locked. TVL has increased 67.3% over the past 30 days.

What chains does Monroe Protocol operate on?

Monroe Protocol operates on 3 chains: Avalanche, Manta, and Ethereum. Avalanche holds the largest share at 53%.

How does Monroe Protocol's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Monroe Protocol ranks #134 by TVL. The category holds $8.096b across 198 protocols, and Monroe Protocol accounts for <0.1% of that total. Other leading protocols include Abracadabra Spell, QiDao, Angle, Parallel Protocol V3, xDollar, Button Wrappers, Sky Lending, USDD, Liquity V1, and crvUSD.