⌘K

ProtocolsMagma Finance

Magma Finance

Total Value Locked$1,010,045

Chain Breakdown
IoTeX	$1.01m

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 ($201.2k)MakerDAO ($5.1b)lisUSD ($551.76m)Avalon USDa ($481.26m)JustStables ($452.73m)Liquity ($419.9m)Thorchain Lending ($218.88m)crvUSD ($141.98m)Particle DUO ($116.13m)Inverse Finance FiRM ($103.76m)

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