Defrost (MELT)

Total Value Locked$80,319

Chain Breakdown
Avalanche	$80.32k

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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

Audits

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Token Information

Address:0x47EB6F...5231eB

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Methodology

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Competitors

Abracadabra Spell ($48.08m)Angle ($33.08m)QiDao ($23.72m)Stable Jack ($8.91m)Monroe Protocol ($1m)MakerDAO ($5.25b)JustStables ($2.01b)Liquity ($447.02m)Avalon USDa ($423.37m)Thorchain Lending ($232.25m)