Ask about Snake Finance
Logo of Snake FinanceSnake Finance(SNAKE)
Total Value Locked$15.59

TVL by Chain

Sonic$15.59

Key Metrics

Fees (Annualized)$14,725
Fees 30d$1,207

Sonic$1,207

Fees 7d$199

Sonic$199

Fees 24h$73

Sonic$73

Cumulative Fees$5.6m

Sonic$5.6m

Staked$45,945

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

CategoryAlgo-Stables
WebsiteTwitter

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 GitHub

Competitors

MatrixAI ($0.11)