Ask about Quantillon Protocol
Quantillon Protocol(QTI)
Total Value Locked$1,114
TVL by Chain
Base$1,114
Protocol Information
Quantillon is onchain FX-hedging infrastructure designed to connect DeFi's USD liquidity and yield sources with local-currency exposure. Its architecture combines dollar-denominated collateral, FX oracles and collateralized hedgers to manage the currency risk between the underlying assets and the exposure held by users. QEURO, its first deployment on Base, is a forex-backed token targeting the value of one euro. Users mint QEURO by depositing USDC and redeem it for USDC under the protocol's pricing, collateralization, liquidity and fee rules. Hedgers take the corresponding EUR/USD exposure and provide the collateralized hedging capacity that supports issuance. Users can also deposit QEURO into stQEURO vaults to access variable yield from external DeFi strategies
Methodology
TVL: Counts user and hedger USDC collateral tracked in QuantillonVault plus the current underlying USDC value of its external vault positions, including unharvested yield and losses. External vaults are discovered through stQEUROFactory and their adapter addresses are resolved at the queried block. Excludes QEURO, stQEURO, governance tokens, treasury balances and fee reserves. External positions overlap with Morpho TVL.View code on GitHubCompetitors
Frequently Asked Questions
What is Quantillon Protocol's TVL?
Quantillon Protocol currently has $1,114 in total value locked.
What chains does Quantillon Protocol operate on?
Quantillon Protocol operates on Base. Base holds the largest share at 100%.
How does Quantillon Protocol's TVL compare to similar protocols?
Among Synthetics protocols tracked by DefiLlama, Quantillon Protocol ranks #25 by TVL. The category holds $75.72m across 36 protocols, and Quantillon Protocol accounts for <0.1% of that total. Other leading protocols include Metronome Synth, Alchemix V3, Youves, Usual ETH0, Outcome Finance, Wrap Protocol, Taiga Karura, Scientix, ThetaCash, and Yam Finance.