Logo of Neptune ProtocolNeptune Protocol(NPT)
Total Value Locked$1,654.52

TVL by Chain

Eclipse$1,654.52

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

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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 ($5.719b)USDD ($1.27b)Lista CDP ($277.84m)Liquity V1 ($182.56m)crvUSD ($94.85m)Liquity V2 ($94.46m)Frankencoin ($81.37m)Felix CDP ($36.6m)Inverse Finance FiRM ($28.69m)Reservoir Protocol ($26.69m)

Frequently Asked Questions

What is Neptune Protocol's TVL?

Neptune Protocol currently has $1,654.52 in total value locked. TVL has decreased 62% 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 #154 by TVL. The category holds $8.027b across 203 protocols, and Neptune Protocol accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Lista CDP, Liquity V1, crvUSD, Liquity V2, Frankencoin, Felix CDP, Inverse Finance FiRM, and Reservoir Protocol.