Snake Finance (SNAKE)
Snake Finance, an Algorithmic Stablecoin where 1 $SNAKE is equivalent to 1 $S. Algorithmic stablecoins are non-collateralized tokens designed to follow the price of their pegged asset, offering greater capital efficiency than traditional collateralized stablecoins
Total Value Locked
$12
30d Change
+9.1%
Category
Algo-Stables
1 chains
TVL — last 180 days
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Sonic | $12.21 | 101.7% |
About Snake Finance
Snake Finance is a algo-stables protocol deployed across 1 chain, led by Sonic. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Snake Finance against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://snake.finance