Logo of Ruby FinanceRuby Finance(RUBY)
Total Value Locked$2.83

TVL by Chain

Kava$2.83

Key Metrics

Staked$0.84

Protocol Information

Ruby Finance is the first innovative algorithmic token pegged to $KAVA running on KAVA network.

Category:Algo-Stables
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Methodology

TVL: Pool2 deposits consist of RUBY/USDC, RUBY/KAVA, RSHARE/KAVA and RUBY/RSHARE LP deposits while the staking TVL consists of the RSHARE tokens locked within the Boardroom contract.View code on GitHub

Competitors

OrderNChaos ($60,550.3)Akiba Finance ($0.00000009)ScrubFrax ($46.35m)Mento V2 ($12m)Sigmausd ($459,497.3)Ostable ($352,098.32)SPOT Cash ($234,865.03)Basis Cash ($205,743.16)Dopple Finance ($163,130.51)

Frequently Asked Questions

What is Ruby Finance's TVL?

Ruby Finance currently has $2.83 in total value locked. TVL has increased 41.7% over the past 30 days.

What chains does Ruby Finance operate on?

Ruby Finance operates on Kava. Kava holds the largest share at 100%.

How does Ruby Finance's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Ruby Finance ranks #45 by TVL. The category holds $60.37m across 102 protocols, and Ruby Finance accounts for <0.1% of that total. Other leading protocols include OrderNChaos, Akiba Finance, Scrub, Frax, Mento V2, Sigmausd, Ostable, SPOT Cash, Basis Cash, and Dopple Finance.