Overview

TVL: $11.18 B

-0.05% / 7 days

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Projects

No.Name TVL 7d Change veLocked Status Mcap / TVL 
1.Curve logoCurve$5.98 B+0.43%512.56mOn0.0919
2.Balancer logoBalancer$1.50 B+3.36%0On0.1463
3.Frax logoFrax$1.20 B-4.26%99.01mOn0.4324
4.Yearn Finance logoYearn Finance$607 M+0.07%0In progress0.5963
5.dYdX logodYdX$532 M-3.30%0In progress0.5330
6.Stargate logoStargate$457 M-3.04%1.59mOn0.1197
7.Platypus Finance logoPlatypus Finance$195 M+5.62%931.86mOn0.0384
8.StakeDAO logoStakeDAO$124 M-1.79%1.98mOn0.0469
9.Idle Finance logoIdle Finance$85.56 M+3.63%743.54kIn progress0.0137
10.Yeti Finance logoYeti Finance$82.77 M-2.90%0.0On0.0089
11.Angle logoAngle$82.76 M-1.83%64.38mOn0.0761
12.Saber logoSaber$81.47 M-12.93%281.07mOn0.0579
13.Ribbon Finance logoRibbon Finance$81.36 M+4.55%20.04mOn1.3335
14.Origin Dollar logoOrigin Dollar$49.50 M-0.45%9.54bIn progress0.9971
15.SpiritSwap logoSpiritSwap$34.98 M+6.79%308.54mIn progress0.1731
16.Liquid Driver logoLiquid Driver$33.50 M+11.51%2.96mOn0.1788
17.Pickle logoPickle$13.38 M+5.26%1.59mOn0.1060
18.Hundred Finance logoHundred Finance$11.42 M+4.16%4.39mOn0.1743
19.88mph logo88mph$10.09 M+3.87%0In progress0.5319
20.APWine logoAPWine$4.65 M-5.15%1.09mOn1.0396
21.Snowball logoSnowball$2.95 M+5.72%6.68mOn0.1054
22.yAxis logoyAxis$672 K+0.80%1.26mOn0.0272
23.Creditum logoCreditum$460 K-3.73%2.07mOn?

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 
1.Curve logoCurveAMM84
2.Frax logoFraxStable Coin2201
3.Stargate logoStargateCross Chain?
4.Platypus Finance logoPlatypus FinanceAMM2828
5.StakeDAO logoStakeDAOYield202
6.Yeti Finance logoYeti FinanceCDP?
7.Angle logoAngleYield358
8.Ribbon Finance logoRibbon FinanceOptions823
9.Liquid Driver logoLiquid DriverYield419
10.Pickle logoPickleYield995
11.Hundred Finance logoHundred FinanceLending363
12.APWine logoAPWineYield99
13.Snowball logoSnowballYield31
14.yAxis logoyAxisYield269
15.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.