Ask about Snake Finance
Logo of Snake FinanceSnake Finance(SNAKE)
Total Value Locked$14.57

TVL by Chain

Sonic$14.57

Key Metrics

Fees 30d$1,015.64
Fees 30d by chain

Sonic$1,015.64

Fees 7d$476.9

Sonic$476.9

Fees 24h$12

Sonic$12

Cumulative Fees$5.62m

Sonic$5.62m

Revenue 30d$1,015.64
Revenue 30d by chain

Sonic$1,015.64

Revenue 7d$476.9

Sonic$476.9

Revenue 24h$12

Sonic$12

Cumulative Revenue$18,395.7

Sonic$18,395.7

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$61,379

$SNAKE Price$0.027

All Time High$0.62

All Time Low$0.0000071

$61,380

$SNAKE Volume 24h$4.16

CEX Volume$0

DEX Volume$4.39(105.53% of total)

Staked$16,687.64(27.19% 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

WebsiteTwitter
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 ($0.066)Frax ($36.64m)Mento V2 ($12.29m)Sigmausd ($434,582.48)Ostable ($333,584.35)Basis Cash ($205,688.11)SPOT Cash ($177,943.78)Dopple Finance ($163,091.29)Frax FPI ($94,453.25)USE ($78,628.82)

Frequently Asked Questions

What is Snake Finance's TVL?

Snake Finance currently has $14.57 in total value locked. TVL has increased 21.4% 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 $1,015.64 in fees. Of that, $1,015.64 was protocol revenue. Based on the trailing year, the annualized rate is $346,741.58 in fees and $63,302.36 in revenue.

What is the SNAKE token price and valuation?

SNAKE is currently trading at $0.027. Its circulating market capitalization is $60,455, ranking it #6,757. Its fully diluted valuation is $60,456. Supply currently stands at 2.25m circulating, 2.25m total supply.

How has SNAKE performed recently?

SNAKE is down 10.1% over the past 7 days and up 19% over the past 30 days. Its all-time high is $0.62, reached on Mar 27, 2025. The token is currently 95.7% below that level.

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

Among Algo-Stables protocols tracked by DefiLlama, Snake Finance ranks #38 by TVL. The category holds $50.75m across 102 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.