FxDAO

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.

Takes the total amount of XLMs locked in the Vaults contract, the XLMs are the collateral of the issued assets by the protocol.

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. Oct 7, 2024
   Auf DeFiLlama gelistet

FxDAO is a Partially Algorithmic Stablecoin 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 Stellar. The codebase has been independently audited (1 report on file).

FxDAO is a single-chain protocol, deployed exclusively on Stellar — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

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

FxDAO is one of 6 Partially Algorithmic Stablecoin protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Flat Money V2, dTRINITY dUSD, UXD, and 2 more. These peer protocols collectively secure 3,5 Mio. $ in deposits, giving you a frame of reference for whether FxDAO's own TVL is at the top, middle, or tail of the category.

Flat Money V2

TVL 1,5 Mio. $ · 24h +0.41%

dTRINITY dUSD

TVL 1,5 Mio. $ · 24h -14.04%

UXD

TVL 305.141 $ · 24h +0.20%

Flat Money V1

TVL 115.013,8 $ · 24h +0.46%

Chi Protocol

TVL 11.100,4 $ · 24h +0.33%