⌘K

ProtocolsMagma Finance

Magma Finance

Total Value Locked$2,313,165

Chain Breakdown
IoTeX	$2.31m

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 ($204.15k)MakerDAO ($4.95b)JustStables ($1.99b)Avalon USDa ($417.59m)Liquity ($417.35m)Thorchain Lending ($227.81m)lisUSD ($217.28m)Overnight USD+ ($166.32m)crvUSD ($134.51m)Particle DUO ($104.39m)

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