Ask about Taiga Protocol

Logo of Taiga ProtocolTaiga Protocol(TAI)

Total Value Locked$129,947

TVL by Chain

Acala$116,451

Karura$13,496

Protocol Information

A synthetic asset protocol designed to enable maximum efficiency for uniform assets on Kusama and Acala

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Category:Synthetics
Products:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

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 Protocol's TVL?

Taiga Protocol currently has $129,947 in total value locked. TVL has increased 4.3% over the past 30 days.

What chains does Taiga Protocol operate on?

Taiga Protocol operates on 2 chains: Karura and Acala. Acala holds the largest share at 89.6%.

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

Among Synthetics protocols tracked by DefiLlama, Taiga Protocol ranks #8 by TVL. The category holds $73.88m across 35 protocols, and Taiga Protocol 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.