Ask about Snake Finance

Logo of Snake FinanceSnake Finance(SNAKE)

Total Value Locked$16.12

TVL by Chain

Sonic$16.12

Key Metrics

Fees 30d$986.16
Fees 30d by chain

Sonic$986.16

Fees 7d$179.13

Sonic$179.13

Fees 24h$24

Sonic$24

Cumulative Fees$5.62m

Sonic$5.62m

Revenue 30d$986.16
Revenue 30d by chain

Sonic$986.16

Revenue 7d$179.13

Sonic$179.13

Revenue 24h$24

Sonic$24

Cumulative Revenue$18,755

Sonic$18,755

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$88,120

$SNAKE Price$0.039

All Time High$0.62

All Time Low$0.0000071

View $SNAKE token page

$88,121

$SNAKE Volume 24h$109.06

CEX Volume$0

DEX Volume$110.50(101.32% of total)

Staked$29,060(32.98% 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 ($37.51m)Mento V2 ($13.38m)Sigmausd ($509,392)Ostable ($330,537)Basis Cash ($205,705)SPOT Cash ($193,208)Dopple Finance ($163,336)Frax FPI ($94,612)USE ($91,723)

Frequently Asked Questions

What is Snake Finance's TVL?

Snake Finance currently has $16.12 in total value locked. TVL has increased 15.1% 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 $986.16 in fees. Of that, $986.16 was protocol revenue. Based on the trailing year, the annualized rate is $271,114 in fees and $56,502 in revenue.

What is the SNAKE token price and valuation?

SNAKE is currently trading at $0.039. Its circulating market capitalization is $88,607, ranking it #6,942. Its fully diluted valuation is $88,608. Supply currently stands at 2.26m circulating, 2.26m total supply.

How has SNAKE performed recently?

SNAKE is down 11.3% over the past 7 days and up 30.4% over the past 30 days. Its all-time high is $0.62, reached on Mar 27, 2025. The token is currently 93.7% 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 $52.83m across 100 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.