Ask about Monroe Protocol
Logo of Monroe ProtocolMonroe Protocol
Total Value Locked$6,640.24

TVL by Chain

Avalanche$3,400.15

Manta$3,211.99

Ethereum$28.1

Protocol Information

Monroe is a decentralized omnichain LST backed stablecoin factory.

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Category:CDP

Audits:

Methodology

TVL: Adds up the total value locked as collateral in Monroe vaultsView code on GitHub

Competitors

Abracadabra Spell ($4.74m)QiDao ($2.7m)Angle ($1.96m)Parallel Protocol V3 ($1.54m)xDollar ($184,297.26)Button Wrappers ($31,263.33)Sky Lending ($5.466b)USDD ($1.251b)Liquity V1 ($183.74m)crvUSD ($153.65m)

Frequently Asked Questions

What is Monroe Protocol's TVL?

Monroe Protocol currently has $6,640.24 in total value locked. TVL has increased 14.7% over the past 30 days.

What chains does Monroe Protocol operate on?

Monroe Protocol operates on 3 chains: Ethereum, Manta, and Avalanche. Avalanche holds the largest share at 51.2%.

How does Monroe Protocol's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Monroe Protocol ranks #137 by TVL. The category holds $7.806b across 203 protocols, and Monroe Protocol accounts for <0.1% of that total. Other leading protocols include Abracadabra Spell, QiDao, Angle, Parallel Protocol V3, xDollar, Button Wrappers, Sky Lending, USDD, Liquity V1, and crvUSD.