Ask about Matter Defi

Logo of Matter DefiMatter Defi(MTTR)

Total Value Locked$22,989

TVL by Chain

Tezos$22,989

Key Metrics

Staked$1,031

Protocol Information

Matter DeFi is a yield farming platform aimed to incentivize providing liquidity on SpicySwap DEX. Users may stake SpicySwap LP Tokens to earn the protocol token MTTR. Matter DeFi's flagship feature is the contract-level automatic buyback and burn of the MTTR token. Automatic buyback ensures that there is lasting buy pressure for MTTR, leading to truly sustainable yields. All fees generated on staking and unstaking are used to buyback the MTTR token on SpicySwap.

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Category:Yield

Methodology

TVL: TVL counts the tokens staked in Matter Core & Matter Live farms, with SpicySwap LP tokens resolved to their underlying reserves on chain. LPs containing MTTR are counted as pool2, staked MTTR as staking.View code on GitHub

Competitors

KordFi ($25,965)Flame DeFi ($1,385)Spark Savings ($1.487b)Pendle V2 ($1.207b)Convex Finance ($584.62m)Stake DAO Yield ($147.17m)Avalon Superearn ($142.24m)Concentrator ($88.13m)Lorenzo sUSD1+ ($80.03m)Yuzu Money ($79.86m)

Frequently Asked Questions

What is Matter Defi's TVL?

Matter Defi currently has $22,989 in total value locked. TVL has increased 12.9% over the past 30 days.

What chains does Matter Defi operate on?

Matter Defi operates on Tezos. Tezos holds the largest share at 100%.

How does Matter Defi's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Matter Defi ranks #241 by TVL. The category holds $4.744b across 574 protocols, and Matter Defi accounts for <0.1% of that total. Other leading protocols include KordFi, Flame DeFi, Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, Avalon Superearn, Concentrator, Lorenzo sUSD1+, and Yuzu Money.