Eggs Finance (EGGS)

Total Value Locked$4.04m
Chain Breakdown
Sonic$4.04m
Include in TVL (optional)
$37.4m
$37.4m
$106,259
$1.77m
$531,554
USDS

Protocol Information

Eggs Finance is a protocol on the Sonic blockchain that allows users to mint $EGGS tokens using $S, use $EGGS as collateral to borrow more $S, and participate in leveraged financial strategies

Category:Reserve Currency

Audits:
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Token Information

Address:0xf26Ff7...f019bC

Methodology

TVL: Calculates the total backing of S in the Eggs contract, and total borrowed in S

Fees: All fees (redeeming / selling using contract for 2.5% fees, flash loan 1%, loan interest, instant default 1%, etc) are captured by monitoring SendSonic events to FEE_ADDRESS

Revenue: Protocol revenue is 30% of total fees sent directly to FEE_ADDRESS

TVLFees and Revenue

Competitors

The Idols($4.91m)Nirvana V2($4.42m)Dogewhale($671,010)FlareBank($254,601)Beratlas Finance($9,663)Avalps($4,195)KronosDAO($2,578)WagmiDAO($2,172)SpiritDAO($2,025)Hotfriescoin($1,871)