Argano

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

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Jan 9, 2022
   Listed on DeFiLlama

Argano is a Synthetics 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 Polygon. The codebase has been independently audited (1 report on file).

Argano is a single-chain protocol, deployed exclusively on Polygon — this concentrates execution risk but simplifies the trust model. Price discovery relies on 2 oracle providers (Chainlink, TWAP), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

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

Argano is one of 7 Synthetics protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Alchemix, Metronome Synth, Youves, and 3 more. These peer protocols collectively secure $92.3M in deposits, giving you a frame of reference for whether Argano's own TVL is at the top, middle, or tail of the category.

Alchemix

TVL $33.4M · 24h -0.07%

Metronome Synth

TVL $27.3M · 24h +0.12%

Youves

TVL $22.9M · 24h +0.38%

Usual ETH0

TVL $5.6M · 24h -0.52%

Rumpel Labs

TVL $2.2M · 24h +0.54%

Outcome Finance

TVL $983K · 24h +0.50%