⌘K

ProtocolsMagma Finance

Magma Finance

Total Value Locked

Chain Breakdown
IoTeX	$2.39m

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 20/11/24)

Weekly commits: 1
Monthly commits: 106
Weekly developers: 1
Monthly developers: 20

Last commit: 2 days ago (2024-11-20)

Methodology

Competitors

xDollar ($213,114)MakerDAO ($5.312b)JustStables ($2.022b)Liquity ($452.51m)Avalon USDa ($427.2m)Thorchain Lending ($234.55m)lisUSD ($225.38m)Overnight USD+ ($166.17m)crvUSD ($141.69m)Particle DUO ($115.46m)