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LaDAO Xocolatl

Total Value Locked$13,680

TVL by Chain

Polygon$13,585

BSC$95.01

Protocol Information

LaDAO is the organization bringing Defi and web3 to Mexico. We created and maintain $XOC; the first decentralized stablecoin with close peg to the mexican (MXN) peso. The xocolatl protocol is the system that allows $XOC to be minted or burned using overcollateralization of crypto assets

WebsiteX/Twitter
Category:CDP

Audits:

Methodology

TVL: Counts all the tokens being used as collateral in the House of Reserves contracts that back $XOC. $XOC is the first decentralized stablecoin with peg close to the mexican (MXN) peso.View code on GitHub

Competitors

QiDao ($2.28m)Angle ($1.81m)Davos Protocol ($24,523)MahaDAO Arth ($20,131)USDD ($1.31b)Lista CDP ($84.08m)Reservoir Protocol ($70.12m)BitU Protocol ($24.46m)BIMA CDP ($11m)Abracadabra Spell ($4.86m)

Frequently Asked Questions

What is LaDAO Xocolatl's TVL?

LaDAO Xocolatl currently has $13,680 in total value locked. TVL has increased 1.7% over the past 30 days.

What chains does LaDAO Xocolatl operate on?

LaDAO Xocolatl operates on 2 chains: Polygon and BSC. Polygon holds the largest share at 99.3%.

How does LaDAO Xocolatl's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, LaDAO Xocolatl ranks #121 by TVL. The category holds $8.21b across 198 protocols, and LaDAO Xocolatl accounts for <0.1% of that total. Other leading protocols include QiDao, Angle, Davos Protocol, MahaDAO Arth, USDD, Lista CDP, Reservoir Protocol, BitU Protocol, BIMA CDP, and Abracadabra Spell.