Skip to main content
Mantapex
Coffin Finance
Coffin Finance
COFFINAlgo-Stables
Audited
DeFiLlama Algo-Stables·$45.6 TVL·+2.40% 1h·-1.05% 24h·+14.42% 7d·1 chains

Track Your DeFi Wallet

Import your wallet to see all positions across 50+ chains

Protocol TVL

Loading chart…

About Coffin Finance

Coffin Finance protocol is a partially collateralized stable token project. Coffin Finance team believes in the potential of Fantom Opera, so rather than using USDC, it uses FTM and COFFIN (the protocol's native token) as collaterals to mint CoUSD stable tokens. This makes it truly decentralized!

A big part of the platform revenue will be given back to the community through its high yield farming options, which includes both staking liquidity pairs and single asset staking.

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

Security & Audits

Audited by external firms
2 audits

Coffin Finance Timeline

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

  1. Oct 24, 2021
    Listed on DeFiLlama

Protocol Profile

Coffin Finance is a Algo-Stables issuance protocol — it mints stable units against collateral (crypto, RWA, or off-chain reserves) and uses redemption or rebalancing mechanisms to hold the peg. It is deployed on Fantom. The codebase has been independently audited (1 report on file).

TVL Distribution by Chain

Fantom
$45.6(100.0%)

Supported Chains

Fantom

Protocol Footprint

Coffin Finance is a single-chain protocol, deployed exclusively on Fantom — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Official Resources & Links

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

Other Algo-Stables protocols on Mantapex

Coffin Finance is one of 7 Algo-Stables protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Frax, Mento V2, Generic.Money, and 3 more. These peer protocols collectively secure $86.8M in deposits, giving you a frame of reference for whether Coffin Finance's own TVL is at the top, middle, or tail of the category.

Browse all Algo-Stables protocols on Mantapex

Recent Coffin Finance news

Latest reporting from major crypto news outlets covering Coffin Finance.

Related protocols

Other DeFi protocols connected to Coffin Finance by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.

Risk Warning

DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.

Your Crypto Portfolio — Free Forever

Paste any wallet to see tokens, DeFi & NFTs across 50+ chains. Add exchanges, Polymarket & Kalshi anytime — all in one portfolio.

Polymarket
Kalshi
50+ Chains
40+ Exchanges
DeFi
NFTs
16K+ Tokens
No signup required· No credit card· Results in seconds