StonkPress

Total Value Locked$96.01

TVL by Chain

Robinhood Chain$96.01

Key Metrics

Staked$9,715

TVLStaking

USDETH

Protocol Information

StonkPress is a liquidity programme for the SPY stock token on Robinhood Chain. PAPER targets 0.0001 SPY: above target the protocol prints PAPER to PLATE stakers, below target it buys PAPER back. Farms pay PAPER and oPLATE for SPY liquidity.

X/Twitter

Category:Algo-Stables

Methodology

TVL: TVL is single-asset deposits (SPY, WETH, USDG and partner tokens) in the Genesis and reward pools. Pool2 is PAPER/SPY and PLATE/SPY LP staked in those pools, and staking is PLATE in the Masonry; PAPER and PLATE are valued through their SPY pairs.

Competitors

Frax ($39.74m)Mento V2 ($9.16m)Sigmausd ($468,567)Ostable ($306,803)Basis Cash ($205,655)SPOT Cash ($173,216)Dopple Finance ($163,488)Frax FPI ($94,380)USE ($85,117)Finext Finance ($61,177)

Frequently Asked Questions

What is StonkPress' TVL?

StonkPress currently has $96.01 in total value locked.

What chains does StonkPress operate on?

StonkPress operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.

How does StonkPress' TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, StonkPress ranks #32 by TVL. The category holds $50.73m across 99 protocols, and StonkPress accounts for <0.1% of that total. Other leading protocols include Frax, Mento V2, Sigmausd, Ostable, Basis Cash, SPOT Cash, Dopple Finance, Frax FPI, USE, and Finext Finance.