Argo

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. Oct 20, 2022
   Listed on DeFiLlama

Argo 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 Aptos. The codebase has been independently audited (1 report on file).

Argo is a single-chain protocol, deployed exclusively on Aptos — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Pyth); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

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

Argo 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 $9.2B in deposits, giving you a frame of reference for whether Argo's own TVL is at the top, middle, or tail of the category.

Sky Lending

TVL $7.4B · 24h -0.04%

USDD

TVL $563.6M · 24h -12.33%

Lista CDP

TVL $422.5M · 24h -0.11%

Avalon USDa

TVL $403.7M · 24h -0.57%

Liquity V1

TVL $180.4M · 24h +0.29%

Reservoir Protocol

TVL $166.9M · 24h +15.44%