Ask about Neptune Protocol

Logo of Neptune ProtocolNeptune Protocol(NPT)

Total Value Locked$2,117

TVL by Chain

Eclipse$2,117

Key Metrics

Staked$0

Total Raised$3.9m

Dec 10, 2024$3.9mRound: SeedInvestors: Animoca Brands, CMS Holdings, Maelstrom, Infinity Ventures Crypto, Builder Capital, Bloccelerate, Wise3 Ventures, RockTree Capital, Veil, Stake Capital, Optic Capital, Relayer Capital, WAGMI Ventures, NxGen, Zephyrus Capital, Cogitent Ventures, Global Coin Research, Revelo Intel, MH Ventures, Meltem Demirors

Protocol Information

Neptune Protocol allows users to mint USDN, a stablecoin soft-pegged to the US dollar

X/Twitter
Category:CDP

Audits:

Methodology

TVL: TVL is equal to the Collateral Value + assets in PSM. Staking adds Amount of NPT staked * NPT priceView code on GitHub

Competitors

Sky Lending ($5.92b)USDD ($1.277b)Liquity V1 ($197.14m)crvUSD ($161.11m)Liquity V2 ($109.27m)Lista CDP ($89.46m)Reservoir Protocol ($71.62m)Frankencoin ($64.87m)Inverse Finance FiRM ($33.57m)Felix CDP ($31.66m)

Frequently Asked Questions

What is Neptune Protocol's TVL?

Neptune Protocol currently has $2,117 in total value locked. TVL has increased 34.9% over the past 30 days.

What chains does Neptune Protocol operate on?

Neptune Protocol operates on Eclipse. Eclipse holds the largest share at 100%.

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

Among CDP protocols tracked by DefiLlama, Neptune Protocol ranks #148 by TVL. The category holds $8.173b across 198 protocols, and Neptune Protocol accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, Reservoir Protocol, Frankencoin, Inverse Finance FiRM, and Felix CDP.