⌘K

ProtocolsMagma Finance

Magma Finance

Total Value Locked

Chain Breakdown
IoTeX	$2.32m

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: a day ago (2024-11-20)

Methodology

Competitors

xDollar ($204,520)MakerDAO ($4.957b)JustStables ($2.005b)Avalon USDa ($419.82m)Liquity ($419.71m)Thorchain Lending ($226.91m)lisUSD ($215.96m)Overnight USD+ ($166.53m)crvUSD ($134.76m)Particle DUO ($105.46m)