Duet Protocol

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

A further 3266,6 $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

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. May 2, 2022
   Auf DeFiLlama gelistet

Duet Protocol is a Synthetics protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed across 2 chains, including Arbitrum, Binance. The codebase has been independently audited (1 report on file).

Duet Protocol operates on 2 networks (Arbitrum, Binance), keeping its surface area narrower than chain-agnostic peers. Roughly 92% of its on-chain value sits on just three networks (Arbitrum, Binance, Binance-staking), so a fault on any one of them would affect a large slice of users. Price discovery relies on 3 oracle providers (Chainlink, TWAP, Pyth), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

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

Duet Protocol is one of 7 Synthetics protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Alchemix, Metronome Synth, Youves, and 3 more. These peer protocols collectively secure 92,3 Mio. $ in deposits, giving you a frame of reference for whether Duet Protocol's own TVL is at the top, middle, or tail of the category.

Alchemix

TVL 33,4 Mio. $ · 24h -0.07%

Metronome Synth

TVL 27,3 Mio. $ · 24h +0.12%

Youves

TVL 22,9 Mio. $ · 24h +0.38%

Usual ETH0

TVL 5,6 Mio. $ · 24h -0.52%

Rumpel Labs

TVL 2,2 Mio. $ · 24h +0.54%

Outcome Finance

TVL 983.019,4 $ · 24h +0.50%