Skip to main content
Mantapex
Draco Finance
Draco Finance
DRACOAlgo-Stables
DeFiLlama Algo-Stables·$0 TVL·- 1h·- 24h·- 7d·1 chains

Track Your DeFi Wallet

Import your wallet to see all positions across 50+ chains

Protocol TVL

Loading chart…

About Draco Finance

Algorithmic stable coin currently pegged to the value of 1 $FTM.

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

Draco Finance tokenomics and on-chain capital

A further $2.1 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.

Tokens staked in protocol
$2.1
Locked native staking

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.

Draco Finance Timeline

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

  1. Feb 16, 2022
    Listed on DeFiLlama

Protocol Profile

Draco 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.

TVL Distribution by Chain

TVL spans 4 chains across the deployment. See the breakdown below for per-chain values.

pool2
$162.9(49.4%)
Fantom-pool2
$162.9(49.4%)
Fantom-staking
$2.1(0.6%)
staking
$2.1(0.6%)

Supported Chains

Fantom

Protocol Footprint

Draco Finance is a single-chain protocol, deployed exclusively on Fantom — this concentrates execution risk but simplifies the trust model. Roughly 99% of its on-chain value sits on just three networks (pool2, Fantom-pool2, Fantom-staking), so a fault on any one of them would affect a large slice of users.

Official Resources & Links

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

Twitter / X — @DracoFinance
twitter.com
Token on CoinGecko
coingecko.com
Token on CoinMarketCap
coinmarketcap.com

Other Algo-Stables protocols on Mantapex

Draco 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 Draco Finance's own TVL is at the top, middle, or tail of the category.

Frax
Frax
TVL $63.3M · 24h +0.03%
Mento V2
Mento V2
TVL $17.6M · 24h +1.42%
Generic.Money
Generic.Money
TVL $3.5M · 24h +0.00%
DefiDollar DAO
DefiDollar DAO
TVL $864.2K · 24h +3.23%
Lumi Finance
Lumi Finance
TVL $841.8K · 24h -0.17%
Sigmausd
Sigmausd
TVL $565.7K · 24h -2.12%
Browse all Algo-Stables protocols on Mantapex

Recent Draco Finance news

Related protocols

Other DeFi protocols connected to Draco 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