Matter Defi (MTTR)

Total Value Locked$74,895

Chain Breakdown
Tezos	$74.9k

Include in TVL (optional)
Staking	$5.2k

USD XTZ

Information

Protocol Information

Matter DeFi is a yield farming platform aimed to incentivize providing liquidity on SpicySwap DEX. Users may stake SpicySwap LP Tokens to earn the protocol token MTTR. Matter DeFi's flagship feature is the contract-level automatic buyback and burn of the MTTR token. Automatic buyback ensures that there is lasting buy pressure for MTTR, leading to truly sustainable yields. All fees generated on staking and unstaking are used to buyback the MTTR token on SpicySwap.

Category: Yield

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Token Information

Address:tezos:KT...EaMVjY

View on TzKT

Methodology

TVL counts the liquidity of both Matter Core & Matter Live farms. Tokens held in Matter's contract are pulled from TZKT API & relevant pool data is retrieved using SpicySwap API: https://spicya.sdaotools.xyz/api/rest.

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Competitors

KordFi ($5.33m)Flame DeFi ($1.63k)Pendle ($4.39b)Convex Finance ($1.24b)Aura ($392.78m)Elixir ($301.3m)Coinwind ($282.85m)Equilibria ($249.5m)StakeDAO ($156.15m)Spectra V2 ($124.53m)