Defrost (MELT)

Total Value Locked$80,336

Chain Breakdown
Avalanche	$80.34k

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Staking	$0

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Information

Protocol Information

Defrost Finance is a decentralized protocol that allows you to leverage yield-bearing Tokens or other pool tokens from Avalanche and cross-chain protocols as collaterals for generating H2O, a USD-pegged stablecoin.

Category: CDP

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Token Information

Address:0x47EB6F...5231eB

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Methodology

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Competitors

Abracadabra Spell ($48.04m)Angle ($33.19m)QiDao ($23.74m)Stable Jack ($8.8m)Monroe Protocol ($997.99k)MakerDAO ($5.26b)JustStables ($2.02b)Liquity ($448.03m)Avalon USDa ($421.64m)Thorchain Lending ($233.33m)