Flat Money V2
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Protocol TVL
About Flat Money V2
Flat Money is a smart contract protocol that allows users to mint UNIT, an on-chain flatcoin backed by liquid staking ETH.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Flat Money V2 codebase lineage and protocol family
Flat Money V2 is published as a versioned release inside the Dhedge protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.
Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.
Security & Audits
Oracles supply external price data to on-chain contracts. Oracle compromise is a common attack vector — diversified providers reduce single-point-of-failure risk.
Parent Protocol
Flat Money V2 is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
DhedgeFlat Money V2 Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Sep 8, 2025Listed on DeFiLlama
Protocol Profile
Flat Money V2 is a Partially Algorithmic Stablecoin 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 across 2 chains, including Arbitrum, Optimism. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
TVL spans 2 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Flat Money V2 operates on 2 networks (Arbitrum, Optimism), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on Arbitrum, which holds 100% of all assets — other deployments are comparatively small. Price discovery relies on 2 oracle providers (Pyth, Chainlink), 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.
Official Resources & Links
Verified external resources for Flat Money V2 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Partially Algorithmic Stablecoin protocols on Mantapex
Flat Money V2 is one of 6 Partially Algorithmic Stablecoin protocols Mantapex tracks in this category. Direct peers ranked by total value locked include dTRINITY dUSD, FxDAO, UXD, and 2 more. These peer protocols collectively secure $3.2M in deposits, giving you a frame of reference for whether Flat Money V2's own TVL is at the top, middle, or tail of the category.
Recent Flat Money V2 news
Latest reporting from major crypto news outlets covering Flat Money V2.
- Bitcoin
Bitcoin Flat But Smart Money Is Moving In
The cryptocurrency was trading sideways on Thursday morning three days after notching a fresh all-time high on Monday. Institutional Buying Is Heating Up, Even as BTC Trades…
- Bitcoinist
Bitcoin Is Flat Out Better Than Gold, Cathie Wood Says
Ark Invest has been putting real money where its mouth is. In a single day — February 12 — the firm snapped up shares across three separate companies tied to the crypto space.
- BeInCrypto
Solana Smart Money Pattern Mirrors March's 21% Rally — But 37.7 Million SOL Stands in Way
Solana (SOL) price traded slightly above $84 on April 1, back near the level where March began after a month of flat 30-day performance.
- BeInCrypto
3 Altcoins Smart Money Are Buying During Market Pullback
On the surface, the crypto market seems to be having a lackluster day, trading flat since yesterday. Over the past week, most categories—smart contract platforms, layer-1s, DeFi…
- Bitcoin
Bitcoin Stalls but Smart Money Is Still Betting on It
Markets are still recovering from Thursday's bombshell commercial inflation data, but institutional interest in bitcoin is still alive and well. BTC Flat, Yet Institutional…
- Coinpaper
Institutions Quietly Buy 473M XRP as ETFs Rocket to $1B AUM — Why Big Money Is Piling In
U.S. spot XRP ETFs smash through $1B AUM as institutions load up despite flat prices, locking over 473M XRP in vaults.
- Blockchain News
SOL Price Prediction: $95 Target Within 10 Days as Whales Load Up Despite Bearish Technicals
Solana bulls are positioning for a 10% breakout to $95 despite flat momentum indicators, with smart money maintaining 75.7% long bias while retail follows suit at dangerously high…
- TheNewsCrypto
Dogecoin Buzz Returns as Elon Musk Revives Dogefather Meme
Regardless of the revived enthusiasm, the price of DOGE remains unreacted and is still flat in the following hours. A user posted on X that, “Posts like this used to give us money…
Related protocols
Other DeFi protocols connected to Flat Money V2 by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Partially Algorithmic Stablecoin protocols
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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