Logo of Taiga AcalaTaiga Acala
Total Value Locked$64,457.88

TVL by Chain

Acala$64,457.88

Protocol Information

A synthetic asset protocol designed to enable maximum efficiency for uniform assets on Polkadot.

Category:Synthetics
Twitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Alchemix V3 ($35.22m)Youves ($16.3m)Metronome Synth ($11.04m)Usual ETH0 ($2.18m)Rumpel Labs ($2.13m)Outcome Finance ($1.28m)Wrap Protocol ($517,605.33)Scientix ($367,482.38)Yam Finance ($232,147.07)CVI Finance ($117,664.1)

Frequently Asked Questions

What is Taiga Acala?

A synthetic asset protocol designed to enable maximum efficiency for uniform assets on Polkadot.

What is Taiga Acala's TVL?

Taiga Acala currently has $64,457.88 in total value locked. TVL has decreased 14.7% over the past 30 days.

What chains does Taiga Acala operate on?

Taiga Acala operates on Acala. Acala holds the largest share at 100%.

How does Taiga Acala's TVL compare to similar protocols?

Among Synthetics protocols tracked by DefiLlama, Taiga Acala ranks #13 by TVL. The category holds $69.85m across 38 protocols, and Taiga Acala accounts for 0.1% of that total. Other leading protocols include Alchemix V3, Youves, Metronome Synth, Usual ETH0, Rumpel Labs, Outcome Finance, Wrap Protocol, Scientix, Yam Finance, and CVI Finance.