⌘K

ProtocolsMagma Finance

Magma Finance

Total Value Locked

Chain Breakdown
IoTeX	$2.09m

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 31/12/24)

Weekly commits: 9
Monthly commits: 48
Weekly developers: 3
Monthly developers: 19

Last commit: 18 days ago (2024-12-31)

Methodology

Competitors

xDollar ($211,531)MakerDAO ($5.149b)lisUSD ($541.66m)Avalon USDa ($532.81m)JustStables ($428.49m)Liquity ($424.77m)Thorchain Lending ($186.45m)crvUSD ($167.06m)Particle DUO ($116.27m)Inverse Finance FiRM ($97.41m)