Magma Finance

Total Value Locked54.31m IOTX
Chain Breakdown
IoTeX54.31m IOTX
USDIOTX

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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Development Activity

(updated at 17/03/25)

Weekly commits: 1
Monthly commits: 4
Weekly developers: 1
Monthly developers: 3

Last commit: a month ago (2025-03-17)

Methodology

TVL

Competitors

xDollar(7.81m IOTX)Sky Lending(315.8b IOTX)Avalon USDa(27.435b IOTX)Beraborrow(21.614b IOTX)lisUSD(20.719b IOTX)USDD(19.912b IOTX)crvUSD(10.093b IOTX)Liquity V1(9.755b IOTX)Level(8.238b IOTX)Thorchain Lending(6.923b IOTX)