Key Metrics
Fees (Annualized)$414,783.82
Fees 30d$15,620.82
Sonic$15,620.82
Fees 7d$219.62
Sonic$219.62
Fees 24h$32.62
Sonic$32.62
Cumulative Fees$5.62m
Sonic$5.62m
Revenue (Annualized)$82,375.38
Revenue 30d$15,620.82
Sonic$15,620.82
Revenue 7d$219.62
Sonic$219.62
Revenue 24h$32.62
Sonic$32.62
Cumulative Revenue$17,410.44
Sonic$17,410.44
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Sonic$0
Holders Revenue 7d$0
Sonic$0
Holders Revenue 24h$0
Sonic$0
Cumulative Holders Revenue$0
Sonic$0
Staked$28,979.49
Protocol Information
Snake Finance, an Algorithmic Stablecoin where 1 $SNAKE is equivalent to 1 $S. Algorithmic stablecoins are non-collateralized tokens designed to follow the price of their pegged asset, offering greater capital efficiency than traditional collateralized stablecoins
Category:Algo-Stables
Methodology
TVL: Pool2 deposits consist of SNAKE/S and GSNAKE/S LP tokens deposits while the staking TVL consists of the GSNAKEs tokens locked within the Masonry contract(0x5A5d34826ab31003F26F8A15e9B645803d85eA81).View code on GitHubFees: Total fees paid by users.View code on GitHubRevenue: All fees are collected by the Snake Finance protocol addresses.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Frequently Asked Questions
What is Snake Finance?
Snake Finance, an Algorithmic Stablecoin where 1 $SNAKE is equivalent to 1 $S. Algorithmic stablecoins are non-collateralized tokens designed to follow the price of their pegged asset, offering greater capital efficiency than traditional collateralized stablecoins
What is Snake Finance's TVL?
Snake Finance currently has $12.31 in total value locked. TVL has increased 2.6% over the past 30 days.
What chains does Snake Finance operate on?
Snake Finance operates on Sonic. Sonic holds the largest share at 100%.
How much has Snake Finance generated in fees and revenue?
Over the past 30 days, Snake Finance generated $15,620.82 in fees. Of that, $15,620.82 was protocol revenue. Based on the trailing year, the annualized rate is $414,783.82 in fees and $82,375.38 in revenue.
How does Snake Finance's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, Snake Finance ranks #40 by TVL. The category holds $57.88m across 102 protocols, and Snake Finance accounts for <0.1% of that total. Other leading protocols include Frax Finance, Mento, and Sigmausd.
