Logo of Monroe ProtocolMonroe Protocol
Total Value Locked$4,748.3

TVL by Chain

Avalanche$3,326.37

Manta$1,394.09

Ethereum$27.84

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 ($4.73m)QiDao ($2.69m)Angle ($1.97m)Parallel Protocol V3 ($1.76m)xDollar ($210,892.29)Button Wrappers ($31,609.8)Sky Lending ($5.465b)USDD ($1.275b)Liquity V1 ($183.34m)crvUSD ($151.09m)

Frequently Asked Questions

What is Monroe Protocol's TVL?

Monroe Protocol currently has $4,748.3 in total value locked. TVL has decreased 18% 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 70.1%.

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

Among CDP protocols tracked by DefiLlama, Monroe Protocol ranks #141 by TVL. The category holds $7.824b 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.