Mars Ecosystem

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

Mars Ecosystem's governance or utility token carries a market capitalisation of 173.673,9 $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (173.673,9 $) and TVL (224.421,1 $) trade close together, giving a mcap/TVL multiple of 0.77× — broadly the range market participants treat as "fair" for an established DeFi protocol. A further 21.321,9 $ 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. Oct 14, 2021
   Auf DeFiLlama gelistet

Mars Ecosystem is a CDP protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Binance. The codebase has been independently audited (1 report on file).

Mars Ecosystem is a single-chain protocol, deployed exclusively on Binance — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Binance, Binance-staking, staking), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap (173.673,9 $) and TVL (224.421,1 $) trade at a ratio of 0.77, in the range generally considered normal for an established DeFi protocol.

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

Mars Ecosystem is one of 7 CDP protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Sky Lending, USDD, Lista CDP, and 3 more. These peer protocols collectively secure 9,2 Mrd. $ in deposits, giving you a frame of reference for whether Mars Ecosystem's own TVL is at the top, middle, or tail of the category.

Sky Lending

TVL 7,4 Mrd. $ · 24h -0.04%

USDD

TVL 563,6 Mio. $ · 24h -12.33%

Lista CDP

TVL 422,5 Mio. $ · 24h -0.11%

Avalon USDa

TVL 403,7 Mio. $ · 24h -0.57%

Liquity V1

TVL 180,4 Mio. $ · 24h +0.29%

Reservoir Protocol

TVL 166,9 Mio. $ · 24h +15.44%