Logo of AngleAngle(ANGLE)
Total Value Locked$1.97m

TVL by Chain

Ethereum$1.74m

Arbitrum$223,137.14

Polygon$6,293.78

OP Mainnet$872.5

Avalanche$95.27

BSC$0

Gnosis$0

Celo$0

Key Metrics

Cumulative Fees$9.99m
Cumulative Fees by chain

Ethereum$9.93m

Arbitrum$54,835

OP Mainnet$5,206

Polygon$4,578

Avalanche$0

Cumulative Revenue$7.4m
Cumulative Revenue by chain

Ethereum$7.33m

Arbitrum$54,835

OP Mainnet$5,206

Polygon$4,578

Avalanche$0

Staked$0

Total Raised$5m

Sep 28, 2021$5mRound: SeedInvestors: a16z, Julien Bouteloup, Global Founders Capital, Wintermute Ventures, Fabric Ventures, Alven, Frédéric Montagnon

Protocol Information

Angle is an over-collateralized, decentralized and capital-efficient stablecoin protocol. It is based on two smart contract modules. Angle Core module allows to mint agEUR from any token at face value, open perpetuals on collateral/stablecoin pairs, or deposit tokens to earn yield. Angle Borrowing module allows to borrow or get leverage with agEUR from tokens deposited as collateral. Angle is governed by veANGLE holders.

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Category:CDP

Audits:

Methodology

TVL: TVL is retrieved on-chain by getting the total assets managed by the Transmuter, the balances of the vaultManagers of the Borrowing module and of the governance addresses of the protocol.View code on GitHubFees: All fees collected by the protocol including borrow interest, liquidation fees, swap fees, and fees paid to SLPs and keepersView code on GitHubRevenue: Portion of fees retained by the protocol and distributed to veANGLE holders, including borrow interest, liquidation fees, protocol swap fees, and veANGLE fee distributionsView code on GitHub

Competitors

QiDao ($2.69m)Abracadabra Spell ($4.72m)Davos Protocol ($24,008.71)Reservoir Protocol ($73.35m)Overnight Finance ($10.04m)xDollar ($215,946.75)Gravita Protocol ($407,695.71)Button Wrappers ($31,421.44)MahaDAO Arth ($20,125)Deaderal Reserve Protocol ($2,942.73)

Frequently Asked Questions

What is Angle's TVL?

Angle currently has $1.97m in total value locked. TVL has increased 2.4% over the past 30 days.

What chains does Angle operate on?

Angle operates on 8 chains: Ethereum, BSC, Gnosis, Celo, and Avalanche and 3 others. Ethereum holds the largest share at 88.3%.

How does Angle's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Angle ranks #34 by TVL. The category holds $7.43b across 203 protocols, and Angle accounts for <0.1% of that total. Other leading protocols include QiDao, Abracadabra Spell, Davos Protocol, Reservoir Protocol, Overnight Finance, xDollar, Gravita Protocol, Button Wrappers, MahaDAO Arth, and Deaderal Reserve Protocol.