Logo of Ruby FinanceRuby Finance(RUBY)
Total Value Locked$4.13

TVL by Chain

Kava$4.13

Key Metrics

Staked$1.21

Protocol Information

Ruby Finance is the first innovative algorithmic token pegged to $KAVA running on KAVA network.

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Category:Algo-Stables

Methodology

TVL: Pool2 deposits consist of RUBY/USDC, RUBY/KAVA, RSHARE/KAVA and RUBY/RSHARE LP deposits while the staking TVL consists of the RSHARE tokens locked within the Boardroom contract.View code on GitHub

Competitors

OrderNChaos ($60,473.32)Akiba Finance ($0.00000013)ScrubFrax ($38.61m)Mento V2 ($11.93m)Sigmausd ($419,229.4)Ostable ($313,134.46)SPOT Cash ($222,303.84)Basis Cash ($205,692.33)Dopple Finance ($163,717.9)

Frequently Asked Questions

What is Ruby Finance's TVL?

Ruby Finance currently has $4.13 in total value locked. TVL has increased 106.6% over the past 30 days.

What chains does Ruby Finance operate on?

Ruby Finance operates on Kava. Kava holds the largest share at 100%.

How does Ruby Finance's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Ruby Finance ranks #43 by TVL. The category holds $52.35m across 102 protocols, and Ruby Finance accounts for <0.1% of that total. Other leading protocols include OrderNChaos, Akiba Finance, Scrub, Frax, Mento V2, Sigmausd, Ostable, SPOT Cash, Basis Cash, and Dopple Finance.