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Phoenix Protocol

Total Value Locked$6,465

TVL by Chain

Ethereum$6,465

Protocol Information

Phoenix Protocol is a yield aggregation protocol that routes stablecoin-backed capital into external yield-bearing assets and holds those positions in strategy contracts to accrue returns on deposited funds

WebsiteX/Twitter
Category:Yield Aggregator

Methodology

TVL: TVL is the total amount of yield tokens held by the Phoenix Protocol's YieldStrategy contracts.View code on GitHub

Yields

Pools Tracked1

Average Supply APY19.47%

Competitors

CIAN Yield Layer ($309.5m)Fluid Lite ($212.43m)Yearn Finance ($198.33m)Beefy ($111.48m)Vesper ($89.11m)vfat.io ($36.83m)YO Protocol ($34.54m)Harvest Finance ($22.37m)Superform ($16.57m)Syntropia ($13.12m)

Frequently Asked Questions

What is Phoenix Protocol's TVL?

Phoenix Protocol currently has $6,465 in total value locked. TVL has increased 2.1% over the past 30 days.

What chains does Phoenix Protocol operate on?

Phoenix Protocol operates on Ethereum. Ethereum holds the largest share at 100%.

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

Among Yield Aggregator protocols tracked by DefiLlama, Phoenix Protocol ranks #108 by TVL. The category holds $1.323b across 189 protocols, and Phoenix Protocol accounts for <0.1% of that total. Other leading protocols include CIAN Yield Layer, Fluid Lite, Yearn Finance, Beefy, Vesper, vfat.io, YO Protocol, Harvest Finance, Superform, and Syntropia.

How many yield pools does Phoenix Protocol have?

DefiLlama tracks 1 Phoenix Protocol yield pool with an average APY of 19.5%.