Hot Cross

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

Hot Cross's governance or utility token carries a market capitalisation of $5.3K based on circulating supply at the latest DeFiLlama snapshot. The token's market cap ($5.3K) is small relative to deposits secured by the protocol ($85.9K); a mcap/TVL multiple of 0.06× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

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.

Hot Cross operates in the Chain category of DeFi. It is deployed across 2 chains, including Ethereum, Binance.

Hot Cross operates on 2 networks (Ethereum, Binance), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on Ethereum, which holds 100% of all assets — other deployments are comparatively small. Its token market cap ($5.3K) is small relative to TVL ($85.9K) — a mcap/TVL ratio of 0.06 is often read as the token being structurally undervalued versus the activity it secures.

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

Hot Cross is one of 7 Chain protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Polygon Bridge & Staking, Noble, Fraxtal, and 3 more. These peer protocols collectively secure $3B in deposits, giving you a frame of reference for whether Hot Cross's own TVL is at the top, middle, or tail of the category.

Polygon Bridge & Staking

TVL $2.4B · 24h +0.71%

Noble

TVL $199.6M · 24h -0.19%

Fraxtal

TVL $163.7M · 24h -0.18%

Chiliz Governance Staking

TVL $94.8M · 24h -2.38%

Pulsechain

TVL $57.2M · 24h -0.09%

Abstract

TVL $38.6M · 24h +0.25%