Ask about Tornadao

Logo of TornadaoTornadao(NADO)

Total Value Locked$7.02

TVL by Chain

Avalanche$7.02

Key Metrics

Staked$0

Protocol Information

Tornadao is a decentralized reserve currency protocol available on the Avalanche (AVAX) Network based on the NADO token. Each NADO token is backed by a basket of assets (initially with MIM, and MIM/NADO) in the Tornadao treasury

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Category:Reserve Currency

Methodology

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

Competitors

Avalps ($137.71)SpiritDAO ($65.23)Ara Finance ($47.33)Life DAO ($36.47)PirateDAO ($25.97)NoahArkDAO ($13.14)Spicy DAO ($10.25)Papa DAO ($8.05)Gaia DAO ($4.81)Amogus DAO ($1.44)

Frequently Asked Questions

What is Tornadao's TVL?

Tornadao currently has $7.02 in total value locked. TVL has increased 75.6% over the past 30 days.

What chains does Tornadao operate on?

Tornadao operates on Avalanche. Avalanche holds the largest share at 100%.

How does Tornadao's TVL compare to similar protocols?

Among Reserve Currency protocols tracked by DefiLlama, Tornadao ranks #29 by TVL. The category holds $10.9m across 98 protocols, and Tornadao accounts for <0.1% of that total. Other leading protocols include Avalps, SpiritDAO, Ara Finance, Life DAO, PirateDAO, NoahArkDAO, Spicy DAO, Papa DAO, Gaia DAO, and Amogus DAO.