Ask about Snake Finance

Logo of Snake FinanceSnake Finance(SNAKE)

Total Value Locked$16.33

TVL by Chain

Sonic$16.33

Key Metrics

Fees 30d$1,041
Fees 30d by chain

Sonic$1,041

Fees 7d$231.86

Sonic$231.86

Fees 24h$0

Sonic$0

Cumulative Fees$5.62m

Sonic$5.62m

Revenue 30d$1,041
Revenue 30d by chain

Sonic$1,041

Revenue 7d$231.86

Sonic$231.86

Revenue 24h$0

Sonic$0

Cumulative Revenue$18,941

Sonic$18,941

Holders Revenue 30d$0
Holders Revenue 30d by chain

Sonic$0

Holders Revenue 7d$0

Sonic$0

Holders Revenue 24h$0

Sonic$0

Cumulative Holders Revenue$0

Sonic$0

Market Cap$95,237

$SNAKE Price$0.042

All Time High$0.62

All Time Low$0.0000071

View $SNAKE token page

$95,238

$SNAKE Volume 24h$8.48

CEX Volume$0

DEX Volume$8.73(102.95% of total)

Staked$27,750(29.14% of mcap)

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

WebsiteX/Twitter
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 GitHub

Competitors

MatrixAI ($0.091)Frax ($40.36m)Mento V2 ($13.18m)Sigmausd ($505,179)Ostable ($323,709)Basis Cash ($205,719)SPOT Cash ($204,601)Dopple Finance ($163,182)Frax FPI ($94,522)USE ($90,280)

Frequently Asked Questions

What is Snake Finance's TVL?

Snake Finance currently has $16.33 in total value locked. TVL has increased 16.7% 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 $1,041 in fees. Of that, $1,041 was protocol revenue. Based on the trailing year, the annualized rate is $262,629 in fees and $54,868 in revenue.

What is the SNAKE token price and valuation?

SNAKE is currently trading at $0.042. Its circulating market capitalization is $95,237, ranking it #6,729. Its fully diluted valuation is $95,238. Supply currently stands at 2.27m circulating, 2.27m total supply.

How has SNAKE performed recently?

SNAKE is up 4.4% over the past 7 days and up 51.5% over the past 30 days. Its all-time high is $0.62, reached on Mar 27, 2025. The token is currently 93.2% below that level.

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

Among Algo-Stables protocols tracked by DefiLlama, Snake Finance ranks #39 by TVL. The category holds $55.46m across 98 protocols, and Snake Finance accounts for <0.1% of that total. Other leading protocols include MatrixAI, Frax, Mento V2, Sigmausd, Ostable, Basis Cash, SPOT Cash, Dopple Finance, Frax FPI, and USE.