DefiDollar DAO

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DefiDollar DAO's governance or utility token carries a market capitalisation of 41.940,7 $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (41.940,7 $) is small relative to deposits secured by the protocol (864.245,2 $); a mcap/TVL multiple of 0.05× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Jan 8, 2022
   Possible exploit, contracts paused

DefiDollar DAO is a Algo-Stables issuance protocol — it mints stable units against collateral (crypto, RWA, or off-chain reserves) and uses redemption or rebalancing mechanisms to hold the peg. It is deployed on Ethereum. The codebase has been independently audited (1 report on file). DeFiLlama tracks 1 historical event for this protocol since 2022.

DefiDollar DAO is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (41.940,7 $) is small relative to TVL (864.245,2 $) — a mcap/TVL ratio of 0.05 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for DefiDollar DAO — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

DefiDollar DAO is one of 7 Algo-Stables protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Frax, Mento V2, Generic.Money, and 3 more. These peer protocols collectively secure 86,3 Mio. $ in deposits, giving you a frame of reference for whether DefiDollar DAO's own TVL is at the top, middle, or tail of the category.

Frax

TVL 63,3 Mio. $ · 24h +0.03%

Mento V2

TVL 17,6 Mio. $ · 24h +1.42%

Generic.Money

TVL 3,5 Mio. $ · 24h +0.00%

Lumi Finance

TVL 841.774,3 $ · 24h -0.17%

Sigmausd

TVL 565.734,5 $ · 24h -2.12%

SPOT Cash

TVL 384.762,8 $ · 24h +2.82%