Erasure
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Protocol TVL
About Erasure
A new kind of hedge fund built by a network of data scientists
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Erasure tokenomics and on-chain capital
Erasure's governance or utility token carries a market capitalisation of $56.5M based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($56.5M) above the protocol's on-chain TVL ($1.8M) — a mcap/TVL multiple of 31.88× implies investors are paying for expected future fee flows rather than current deposits alone.
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.
Security & Audits
Protocol Profile
Erasure is a Derivatives 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 Ethereum. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
Supported Chains
Protocol Footprint
Erasure is a single-chain protocol, deployed exclusively on Ethereum — 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. Its token market cap ($56.5M) currently exceeds total value locked ($1.8M) — a mcap/TVL ratio of 31.88 suggests the market is pricing in more growth than current deposits support.
Official Resources & Links
Verified external resources for Erasure — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Derivatives protocols on Mantapex
Erasure is one of 7 Derivatives protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Jupiter Perpetual Exchange, Hyperliquid HLP, Drift Trade, and 3 more. These peer protocols collectively secure $2.3B in deposits, giving you a frame of reference for whether Erasure's own TVL is at the top, middle, or tail of the category.
Recent Erasure news
Latest reporting from major crypto news outlets covering Erasure.
- UToday
SHIB Bulls Eye Zero Erasure as Crypto Market Soars
Dog-themed Shiba Inu (SHIB) might be on the verge of a breakthrough as its price approaches the much-sought-after $0.00001 level. SHIB enthusiasts are eagerly expecting the coin…
- Cointribune
Ether: BitMine Bets Big Against Market Consensus
While the crypto market goes through a period of turbulence marked by the erasure of 350 billion dollars in four days, BitMine Immersion Technologies continues its massive Ether…
- UToday
Shiba Inu Odds of Losing Zero Growing Fast
All eyes are on Shiba Inu (SHIB) as the meme coin sets its sights on erasing another zero. The erasure of a zero from the Shiba Inu token price has remained a central topic within…
- Cryptopolitan
Galaxy Digital faces $200M settlement over LUNA involvement
The New York Attorney General (AG) office has commenced an investigation on Galaxy Digital with a settlement of $200 million over its involvement in the LUNA cryptocurrency. The…
- Cryptonews
German Watchdog Orders Worldcoin to Delete Non-Compliant Data, Citing GDPR Violations
Worldcoin, co-founded by Sam Altman, must delete non-compliant data following a German regulator's ruling for violating GDPR, emphasizing the need for user consent and data…
- Coingape
Shiba Inu Burn Rate Soars 1400% As 61 Mln SHIB Erased
The popular meme coin, SHIB crypto has gained notable traction recently as the Shiba Inu burn rate witnessed an astounding surge, soaring by a staggering of over 1400%. In just 24…
- UToday
SHIB Price Erases Zero, But There's a Catch Worth 129 Trillion Shiba Inu Tokens
In a roller coaster of events today, the Shiba Inu token, SHIB, experienced a momentous milestone as its price briefly kissed the $0.00001 mark, marking the erasure of a zero from…
Related protocols
Other DeFi protocols connected to Erasure by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
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Fork lineage & related versions
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.
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