Finext Finance

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

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Calculator USDC and WETH staked to genesis pool contract

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

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

1. Mar 14, 2023
   Auf DeFiLlama gelistet

Finext Finance 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 Arbitrum.

Finext Finance is a single-chain protocol, deployed exclusively on Arbitrum — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (TWAP); an outage or manipulation of that feed would propagate into every market the protocol prices.

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

Finext Finance 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 86,8 Mio. $ in deposits, giving you a frame of reference for whether Finext Finance'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%

DefiDollar DAO

TVL 864.245,2 $ · 24h +3.23%

Lumi Finance

TVL 841.774,3 $ · 24h -0.17%

Sigmausd

TVL 565.734,5 $ · 24h -2.12%