Logo of Monroe ProtocolMonroe Protocol
Total Value Locked$4,869.07

TVL by Chain

Avalanche$3,416.87

Manta$1,423.86

Ethereum$28.34

Protocol Information

Monroe is a decentralized omnichain LST backed stablecoin factory.

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Category:CDP

Audits:

Methodology

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

Competitors

Abracadabra Spell ($4.73m)QiDao ($2.7m)Angle ($1.97m)Parallel Protocol V3 ($1.77m)xDollar ($213,025.61)Button Wrappers ($32,144.12)Sky Lending ($5.444b)USDD ($1.254b)Liquity V1 ($183.64m)crvUSD ($151.48m)

Frequently Asked Questions

What is Monroe Protocol's TVL?

Monroe Protocol currently has $4,869.07 in total value locked. TVL has decreased 15% over the past 30 days.

What chains does Monroe Protocol operate on?

Monroe Protocol operates on 3 chains: Ethereum, Avalanche, and Manta. Avalanche holds the largest share at 70.2%.

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

Among CDP protocols tracked by DefiLlama, Monroe Protocol ranks #141 by TVL. The category holds $7.782b across 203 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.