Logo of StonkPressStonkPress

Total Value Locked$305,738

TVL by Chain

Robinhood Chain$305,738

Key Metrics

Staked$0

Protocol Information

StonkPress is a liquidity programme for the SPY stock token on Robinhood Chain. PAPER targets 0.0001 SPY: above target the protocol prints PAPER to PLATE stakers, below target it buys PAPER back. Farms pay PAPER and oPLATE for SPY liquidity.

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Category:Algo-Stables

Methodology

TVL: TVL is single-asset deposits (SPY, WETH, USDG and partner tokens) in the Genesis and reward pools. Pool2 is PAPER/SPY and PLATE/SPY LP staked in those pools, and staking is PLATE in the Masonry; PAPER and PLATE are valued through their SPY pairs.View code on GitHub

Competitors

Frax ($41.94m)Mento V2 ($13.29m)Sigmausd ($547,276)Ostable ($349,078)Basis Cash ($205,700)SPOT Cash ($201,517)Dopple Finance ($163,582)USE ($101,643)Frax FPI ($94,565)Finext Finance ($61,382)

Frequently Asked Questions

What is StonkPress' TVL?

StonkPress currently has $305,738 in total value locked.

What chains does StonkPress operate on?

StonkPress operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.

How does StonkPress' TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, StonkPress ranks #5 by TVL. The category holds $57.54m across 99 protocols, and StonkPress accounts for 0.5% of that total. Other leading protocols include Frax, Mento V2, Sigmausd, Ostable, Basis Cash, SPOT Cash, Dopple Finance, USE, Frax FPI, and Finext Finance.