Ithaca Protocol

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.

counts the number of WETH and USDC in Ithaca Fundlock contract

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

Ithaca Protocol's governance or utility token carries a market capitalisation of 746.765,3 $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (746.765,3 $) and TVL (651.383,7 $) trade close together, giving a mcap/TVL multiple of 1.15× — broadly the range market participants treat as "fair" for an established DeFi protocol.

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. Apr 2, 2024
   Auf DeFiLlama gelistet

Ithaca Protocol is a Options protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed on Arbitrum. The codebase has been independently audited (3 reports on file).

Ithaca Protocol is a single-chain protocol, deployed exclusively on Arbitrum — this concentrates execution risk but simplifies the trust model. 3 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer. Token market cap (746.765,3 $) and TVL (651.383,7 $) trade at a ratio of 1.15, in the range generally considered normal for an established DeFi protocol.

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

Ithaca Protocol is one of 7 Options protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Rysk V12, Hegic, Deri V4, and 3 more. These peer protocols collectively secure 85,6 Mio. $ in deposits, giving you a frame of reference for whether Ithaca Protocol's own TVL is at the top, middle, or tail of the category.

Rysk V12

TVL 62,6 Mio. $ · 24h +4.61%

Hegic

TVL 9,8 Mio. $ · 24h -0.02%

Deri V4

TVL 7,8 Mio. $ · 24h +0.27%

Hypersurface

TVL 2,7 Mio. $ · 24h +3.58%

GammaSwap Open Interest

TVL 1,4 Mio. $ · 24h +0.51%

Jasper Vault

TVL 1,3 Mio. $ · 24h -0.03%