⌘K

ProtocolsMagma Finance

Magma Finance

Total Value Locked

Chain Breakdown
IoTeX	$2.29m

TVLUSD InflowsTweetsDevelopersDeveloper Commits

Protocol Information

A protocol that unlocks native chain token liquidity for a small one-time fee. IOTX collateral backed 0% loans. Censorship-proof stablecoins.

Category:CDP

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Development Activity

(updated at 14/11/24)

Weekly commits: 29
Monthly commits: 92
Weekly developers: 4
Monthly developers: 20

Last commit: a day ago (2024-11-14)

Methodology

Competitors

xDollar ($195,999)MakerDAO ($4.792b)JustStables ($1.897b)Liquity ($408.87m)Avalon USDa ($276.93m)lisUSD ($226.18m)Thorchain Lending ($214.41m)crvUSD ($129.71m)Overnight USD+ ($122.26m)Particle DUO ($106.21m)