Ask about Monroe Protocol

Logo of Monroe ProtocolMonroe Protocol

Total Value Locked$7,035

TVL by Chain

Avalanche$3,774

Manta$3,234

Ethereum$27.72

Protocol Information

Monroe is a decentralized omnichain LST backed stablecoin factory.

GitHubX/Twitter
Category:CDP

Audits:

Methodology

TVL: Adds up the total value locked as collateral in Monroe vaultsView code on GitHub

Competitors

Abracadabra Spell ($4.86m)QiDao ($2.27m)Angle ($1.81m)Parallel Protocol V3 ($829,513)xDollar ($166,741)Button Wrappers ($30,577)Sky Lending ($5.985b)USDD ($1.298b)Liquity V1 ($179.89m)crvUSD ($147.25m)

Frequently Asked Questions

What is Monroe Protocol's TVL?

Monroe Protocol currently has $7,035 in total value locked. TVL has increased 41.8% over the past 30 days.

What chains does Monroe Protocol operate on?

Monroe Protocol operates on 3 chains: Avalanche, Manta, and Ethereum. Avalanche holds the largest share at 53.6%.

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

Among CDP protocols tracked by DefiLlama, Monroe Protocol ranks #135 by TVL. The category holds $8.194b across 198 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.