⌘K

ProtocolsMagma Finance

Magma Finance

Total Value Locked

Chain Breakdown
IoTeX	$2.35m

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 ($210,108)MakerDAO ($5.26b)JustStables ($2.016b)Liquity ($447.54m)Avalon USDa ($425.73m)Thorchain Lending ($235.06m)lisUSD ($217.57m)Overnight USD+ ($165.84m)crvUSD ($141.03m)Particle DUO ($113.55m)