Defrost (MELT)

Total Value Locked$80,436
Chain Breakdown
Avalanche$80,436
Include in TVL (optional)
$0
$0.0003
USDAVAX

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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Development Activity

(updated at 04/09/23)

Weekly commits: 2
Monthly commits: 3
Weekly developers: 1
Monthly developers: 2

Last commit: 2 years ago (2023-06-03)

Token Information

Address:0x47EB6F...B1241D

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Methodology

TVL

Hacks

Date:12/24/2022 (29 months ago)

Amount:$6m

Classification:Rugpull

Technique:Oracle Manipulation

Chain:Avalanche

Returned Funds:$6m

Source

Competitors

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