⌘K

ProtocolsMagma Finance

Magma Finance

Total Value Locked$3,159,621

Chain Breakdown
IoTeX	$3.16m

Information

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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Token Information

Methodology

Competitors

xDollar ($211.5k)MakerDAO ($4.21b)JustStables ($1.53b)Liquity ($329.7m)lisUSD ($187.92m)Thorchain Lending ($165.86m)Particle DUO ($119.58m)crvUSD ($114.51m)Overnight USD+ ($71.42m)sDAI ($63.69m)

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