OneRing V1

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

OneRing V1's governance or utility token carries a market capitalisation of 27.617,2 $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (27.617,2 $) above the protocol's on-chain TVL (4651,3 $) — a mcap/TVL multiple of 5.94× implies investors are paying for expected future fee flows rather than current deposits alone.

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.

OneRing V1 is published as a versioned release inside the Onering protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

OneRing V1 ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

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

1. Feb 21, 2022
   Auf DeFiLlama gelistet
2. Mar 22, 2022
   Rug Pull

OneRing V1 operates in the Yield category of DeFi. It is deployed across 2 chains, including Polygon, Fantom. DeFiLlama tracks 1 historical event for this protocol since 2022.

OneRing V1 operates on 2 networks (Polygon, Fantom), keeping its surface area narrower than chain-agnostic peers. Its token market cap (27.617,2 $) currently exceeds total value locked (4651,3 $) — a mcap/TVL ratio of 5.94 suggests the market is pricing in more growth than current deposits support.

Verified external resources for OneRing V1 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

OneRing V1 is one of 7 Yield protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Pendle, Spark Savings, Convex Finance, and 3 more. These peer protocols collectively secure 5,2 Mrd. $ in deposits, giving you a frame of reference for whether OneRing V1's own TVL is at the top, middle, or tail of the category.

Pendle

TVL 2,3 Mrd. $ · 24h +0.37%

Spark Savings

TVL 1,4 Mrd. $ · 24h +0.35%

Convex Finance

TVL 722,7 Mio. $ · 24h +0.66%

Multipli.fi

TVL 342,7 Mio. $ · 24h -0.01%

Strata Markets

TVL 259,5 Mio. $ · 24h +0.70%

infiniFi

TVL 177 Mio. $ · 24h +1.74%