GmCash
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Protocol TVL
About GmCash
The revolutionary Defi Protocol on Arbitrum designed to follow the price of GMX.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
GmCash Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Apr 6, 2023Listed on DeFiLlama
Protocol Profile
GmCash 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 Arbitrum.
TVL Distribution by Chain
TVL spans 3 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
GmCash is a single-chain protocol, deployed exclusively on Arbitrum — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Arbitrum, Arbitrum-pool2, pool2), so a fault on any one of them would affect a large slice of users.
Official Resources & Links
Verified external resources for GmCash — 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
GmCash 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 GmCash's own TVL is at the top, middle, or tail of the category.
Recent GmCash news
Latest reporting from major crypto news outlets covering GmCash.
- Altcoin Buzz
GCash Brings USDC to Mobile Wallet in the Philippines
GCash has added support for USDC, making it easier for Filipinos to send, save, and spend digital dollars. Over 100 million GCash users can now buy, hold, and send USDC through…
- Tokenpost
GCash Integrates USDC, Expanding Stablecoin Access to Millions in the Philippines
GCash, the Philippines largest digital wallet app with over 80 million users, has officially integrated support for the USDC stablecoin, marking a significant move toward…
- Bitcoin
Gcash Connects 100 Million Philippine Users to USDC Dollar Network
Gcash opens access to USDC for 100 million users in the Philippines, enabling stable, dollar-backed digital currency use for global payments, savings, and financial empowerment.
- BeInCrypto
Philippines' Top Digital Wallet GCash Integrates Circle's USDC Stablecoin
GCash, the Philippines' leading digital money app, announced support for Circle's USD Coin (USDC). Users in the country can now hold and transact with the stablecoin.
- Coinspeaker
GCash Partners with Axie Infinity and Ronin to Enhance Accessibility to Web3 Gaming
By partnering with Axie Infinity and its Ronin sidechain network, GCash seeks to provide Filipino web3 gamers with a practical and regulated alternative.
- Coindesk
Philippines' Largest Digital Wallet GCash Adds USDC Support
The country's largest digital wallet platform now offers support for stablecoins via USDC.
Related protocols
Other DeFi protocols connected to GmCash by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Algo-Stables protocols
Top protocols on Arbitrum
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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