Ask about Tornadao
Logo of TornadaoTornadao(NADO)
Total Value Locked$4.63

TVL by Chain

Avalanche$4.63

Key Metrics

Staked$0

Protocol Information

Tornadao is a decentralized reserve currency protocol available on the Avalanche (AVAX) Network based on the NADO token. Each NADO token is backed by a basket of assets (initially with MIM, and MIM/NADO) in the Tornadao treasury

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Category:Reserve Currency

Methodology

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

Competitors

Life DAO ($1,912.22)Avalps ($189.95)SpiritDAO ($90.15)Ara Finance ($66)PirateDAO ($36.21)Spicy DAO ($13.7)NoahArkDAO ($13.24)Papa DAO ($5.62)Gaia DAO ($4.81)Amogus DAO ($2.01)

Frequently Asked Questions

What is Tornadao's TVL?

Tornadao currently has $4.63 in total value locked. TVL has increased 15.8% over the past 30 days.

What chains does Tornadao operate on?

Tornadao operates on Avalanche. Avalanche holds the largest share at 100%.

How does Tornadao's TVL compare to similar protocols?

Among Reserve Currency protocols tracked by DefiLlama, Tornadao ranks #30 by TVL. The category holds $9.99m across 97 protocols, and Tornadao accounts for <0.1% of that total. Other leading protocols include Life DAO, Avalps, SpiritDAO, Ara Finance, PirateDAO, Spicy DAO, NoahArkDAO, Papa DAO, Gaia DAO, and Amogus DAO.