Amulet Finance

Total Value Locked$43,933

Chain Breakdown
Neutron	$43.93k

USD ETH

Information

Protocol Information

Amulet is a set of smart contracts enabling users to obtain synthetics by way of self-repaying loans, called Advances, against their future yield on staking assets via Proof of Stake or LSTs. No Advances are ever liquidated as the synthetics are treated 1:1 with the native asset by the smart contracts. As yield is earned by a vault, it automatically pays down debt for all open positions against that vault.

Category: Synthetics

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Token Information

Methodology

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Competitors

Synthetix ($162.73m)Outcome Finance ($75.9m)Alchemix ($62.78m)Rumpel Labs ($54.76m)Youves ($36.17m)Metronome Synth ($15.83m)DefiChain Loans ($1.57m)Wrap Protocol ($1.28m)Taiga Acala ($1.1m)ThetaCash ($746.17k)