InformationTVL

Defrost (MELT)

Total Value Locked$80,513

TVL by Chain

Avalanche$80,513

Key Metrics

$MELT Price$0.0003

Staked$0

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:

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Development Activity

Updated at Sep 4, 2023

Weekly commits2

Monthly commits3

Weekly developers1

Monthly developers2

Last commit03/06/23 (2 years ago)

Hacks

Date: Dec 24, 2022

Amount: $6m

Classification: Rugpull

Technique: Oracle Manipulation

Chains: Avalanche

Language: Solidity

Target Type: DeFi Protocol

Returned Funds: $6m

Source

Competitors

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