SOFA.org

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

SOFA.org's governance or utility token carries a market capitalisation of 3,9 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (3,9 Mio. $) above the protocol's on-chain TVL (804.470,8 $) — a mcap/TVL multiple of 4.87× implies investors are paying for expected future fee flows rather than current deposits alone. A further 949.805,5 $ 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. Jun 16, 2024
   Auf DeFiLlama gelistet

SOFA.org 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 across 4 chains, including Arbitrum, Ethereum, Binance, Polygon. The codebase has been independently audited (3 reports on file).

SOFA.org operates on 4 networks (Arbitrum, Ethereum, Binance, Polygon), keeping its surface area narrower than chain-agnostic peers. Roughly 96% of its on-chain value sits on just three networks (Ethereum-staking, staking, Arbitrum), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. 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. Its token market cap (3,9 Mio. $) currently exceeds total value locked (804.470,8 $) — a mcap/TVL ratio of 4.87 suggests the market is pricing in more growth than current deposits support.

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

SOFA.org 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 SOFA.org'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%