Overview

TVL: $7.87 B

+3.50% / 7 days

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Projects

No.Name TVL 7d Change Status Mcap / TVL 
1.Curve logoCurve$3.67 B+2.65%On0.0746
2.Balancer logoBalancer$1.53 B+5.04%On0.1497
3.Frax logoFrax$1.08 B+2.40%On?
4.dYdX logodYdX$427 M+6.49%In progress0.5857
5.Yearn Finance logoYearn Finance$383 M+2.82%In progress0.5003
6.Stargate logoStargate$349 M+5.24%On0.1227
7.Ribbon Finance logoRibbon Finance$77.01 M+21.44%On?
8.Origin Dollar logoOrigin Dollar$52.59 M+17.96%In progress0.0375
9.Angle logoAngle$52.31 M+1.59%On0.1060
10.Idle Finance logoIdle Finance$48.90 M-6.15%On0.0314
11.StakeDAO logoStakeDAO$46.25 M-7.47%On0.0347
12.Platypus Finance logoPlatypus Finance$36.88 M-2.75%On0.1020
13.Saber logoSaber$25.26 M+2.82%On0.0625
14.Yeti Finance logoYeti Finance$21.06 M+0.35%On0.0006
15.Perpetual Protocol logoPerpetual Protocol$16.75 M-2.56%On1.3246
16.Liquid Driver logoLiquid Driver$12.38 M+22.90%On0.1758
17.SpiritSwap logoSpiritSwap$10.79 M+4.99%On?
18.Pickle logoPickle$8.23 M-6.19%On0.0945
19.Hundred Finance logoHundred Finance$6.69 M+15.65%On0.0750
20.88mph logo88mph$3.62 M+5.94%In progress0.3887
21.APWine logoAPWine$1.32 M+2.92%On0.1975
22.Snowball logoSnowball$949 K+0.93%On0.1169
23.yAxis logoyAxis$636 K+0.55%On0.7873
24.Creditum logoCreditum$131 K+0.42%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 logoCurveAMM2246218.56k
2.Frax logoFraxStable Coin721?
3.Stargate logoStargateCross Chain??
4.Angle logoAngleYield6170.00
5.StakeDAO logoStakeDAOYield21.97k
6.Platypus Finance logoPlatypus FinanceAMM2828?
7.Yeti Finance logoYeti FinanceCDP??
8.Perpetual Protocol logoPerpetual ProtocolDerivatives??
9.Liquid Driver logoLiquid DriverYield419?
10.SpiritSwap logoSpiritSwapAMM?25.19k
11.Pickle logoPickleYield1020?
12.Hundred Finance logoHundred FinanceLending309?
13.APWine logoAPWineYield172?
14.Snowball logoSnowballYield31113.31
15.yAxis logoyAxisYield276?
16.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.