Logo of Taiga AcalaTaiga Acala

Total Value Locked$115,536

TVL by Chain

Acala$115,536

Protocol Information

A synthetic asset protocol designed to enable maximum efficiency for uniform assets on Polkadot.

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Category:Synthetics

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Alchemix V3 ($40.77m)Youves ($17.22m)Metronome Synth ($10.54m)Usual ETH0 ($2.36m)Outcome Finance ($1.28m)Wrap Protocol ($568,459)Scientix ($365,646)ThetaCash ($120,175)Yam Finance ($118,516)CVI Finance ($118,490)

Frequently Asked Questions

What is Taiga Acala's TVL?

Taiga Acala currently has $115,536 in total value locked. TVL has increased 53.7% over the past 30 days.

What chains does Taiga Acala operate on?

Taiga Acala operates on Acala. Acala holds the largest share at 100%.

How does Taiga Acala's TVL compare to similar protocols?

Among Synthetics protocols tracked by DefiLlama, Taiga Acala ranks #11 by TVL. The category holds $73.88m across 36 protocols, and Taiga Acala accounts for 0.2% of that total. Other leading protocols include Alchemix V3, Youves, Metronome Synth, Usual ETH0, Outcome Finance, Wrap Protocol, Scientix, ThetaCash, Yam Finance, and CVI Finance.