Overview

TVL: $10.66 B

+3.50% / 7 days

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Projects

No.Name TVL 7d Change Status Mcap / TVL 
1.Curve logoCurve$5.99 B+5.01%On0.0606
2.Balancer logoBalancer$1.58 B+5.89%On0.1202
3.Frax logoFrax$1.14 B+0.79%On?
4.Stargate logoStargate$488 M+1.93%On0.1404
5.Yearn Finance logoYearn Finance$452 M+3.62%In progress0.5565
6.dYdX logodYdX$387 M-7.61%In progress0.4152
7.Platypus Finance logoPlatypus Finance$113 M-6.52%On0.0444
8.Ribbon Finance logoRibbon Finance$80.56 M+6.48%On1.6267
9.Angle logoAngle$71.38 M-5.24%On0.0830
10.StakeDAO logoStakeDAO$61.63 M-0.34%On0.0460
11.Idle Finance logoIdle Finance$60.93 M-3.93%On0.0085
12.Saber logoSaber$55.08 M-1.99%On0.0508
13.Yeti Finance logoYeti Finance$48.29 M-4.30%On0.0008
14.Origin Dollar logoOrigin Dollar$41.94 M-0.28%In progress0.0702
15.Perpetual Protocol logoPerpetual Protocol$22.74 M+0.80%On1.8349
16.SpiritSwap logoSpiritSwap$17.28 M-10.46%On?
17.Liquid Driver logoLiquid Driver$14.97 M-12.43%On0.1894
18.Hundred Finance logoHundred Finance$12.41 M+18.72%On0.0871
19.Pickle logoPickle$10.82 M+2.79%On0.1166
20.88mph logo88mph$3.90 M+2.44%In progress0.6609
21.APWine logoAPWine$3.25 M-20.91%On0.2782
22.Snowball logoSnowball$1.24 M-2.83%On0.1100
23.yAxis logoyAxis$646 K+4.06%On0.0304
24.Creditum logoCreditum$410 K-1.10%On?

Status

In progress: Project has been not implement the locker contract yet. But has been discussed in their governance forum.

On: ve-model has been implemented to their main protocol.

No.Name Type TechHolders Count Revenue 
1.Curve logoCurveAMM772250.19k
2.Frax logoFraxStable Coin2053?
3.Stargate logoStargateCross Chain??
4.Platypus Finance logoPlatypus FinanceAMM2828?
5.Ribbon Finance logoRibbon FinanceOptions349?
6.Angle logoAngleYield3560.00
7.StakeDAO logoStakeDAOYield13.21k
8.Idle Finance logoIdle FinanceYield196310.74
9.Yeti Finance logoYeti FinanceCDP??
10.Perpetual Protocol logoPerpetual ProtocolDerivatives??
11.SpiritSwap logoSpiritSwapAMM?28.26k
12.Liquid Driver logoLiquid DriverYield419?
13.Hundred Finance logoHundred FinanceLending361?
14.Pickle logoPickleYield1004?
15.APWine logoAPWineYield21?
16.Snowball logoSnowballYield31155.59
17.yAxis logoyAxisYield273?
18.Creditum logoCreditumYield278?

Status

In progress: Project has been not implement the locker contract yet. But has been discussed in their governance forum.

On: ve-model has been implemented to their main protocol.

About veMarketCap

veMarketCap is an on-chain tracking website, focused on projects that adopt the voting escrow tokenomics (veCRV) model, created by Michael Egorov of Curve Finance. We provide relevant info for all projects who adopt, and are going to adopt, the ve-model.

Regarding ve-model projects, there are few key metrics that people typically would like to evaluate, such as TVL, locked tokens / circulating tokens, protocol revenues, etc. Our goal is to put them all together to see the trend of ve-model adoption.

As many projects have realized, this model can be beneficial in a number of different ways for protocols. The ve-model encourages and emphasizes long-term decision making given users typical long-term commitment to the protocol. Additionally, the ve-model has shown that aligned value and incentives are often present because participants are incentivized to hold their respective protocol token. Finally, supply and demand mechanisms are optimized within this model, prominently highlighted through vote-locked tokens relative to total supply.

A majority of current DeFi protocols use an inflationary tokenomics model through liquidity mining to incentivize user participation. These are not sustainable in the long term if there is no demand to help offset the massively inflating supply. We want to bring increased attention around this to allow people to realize that the ve-model offers the most suitable tokenenomics available for DeFi projects to balance the supply and demand of the DeFi protocol governance token - regardless if the protocol is an AMM, yield, or lending protocol.

There will be more features added in the future, and we hope you find veMarketCap to be a valuable resource for you.