Magma Finance
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Protocol TVL
Fees & Revenue
Chain Fees Distribution
Revenue Breakdown
About Magma Finance
A protocol that unlocks native chain token liquidity for a small one-time fee. IOTX collateral backed 0% loans. Censorship-proof stablecoins.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Magma Finance Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Dec 28, 2023Listed on DeFiLlama
Protocol Profile
Magma Finance is a CDP protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on IoTeX.
TVL Distribution by Chain
Supported Chains
Official Resources & Links
Verified external resources for Magma Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other CDP protocols on Mantapex
Magma Finance is one of 7 CDP protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Sky Lending, USDD, Lista CDP, and 3 more. These peer protocols collectively secure $9.2B in deposits, giving you a frame of reference for whether Magma Finance's own TVL is at the top, middle, or tail of the category.
Recent Magma Finance news
Latest reporting from major crypto news outlets covering Magma Finance.
- The Currency Analytics
Crypto Ecosystem Expands as Magma Launches Staking on Monad's Mainnet
On November 24, 2025, Magma introduced its staking service on the Monad mainnet, marking a significant milestone in the realm of decentralized finance (DeFi). This launch follows…
- BeInCrypto
MAGA Meme Coin Soars as Donald Trump Announced The DeFiant Ones
On Thursday, Donald Trump introduced “The DeFiant Ones,” a decentralized finance (DeFi) initiative on his social media platform, Truth Social. Trump's sons, Donald Jr. and Eric…
- BeInCrypto
Top PolitiFi Coins Buck Market Trend, Suffer Pullback
Leading political finance (PolitiFi) coins have defied the broader market trend, experiencing price declines in the past 24 hours. ConstitutionDAO (PEOPLE) and Maga (MAGA) saw…
- Cointribune
Crypto: USD1, the Trump-Backed Stablecoin, Crosses $3B Market Cap
Trump launches a stablecoin, Binance rolls out the red carpet, and here is USD1 at the top. Political coincidences or decentralized finance with a MAGA twist?
- Cryptopolitan
Top 5 Political Finance (PolitiFi) Tokens: Donald Trump Crypto Picks
As the 2024 U.S. presidential election heats up, political finance tokens, or PolitiFi tokens, are gaining traction. These tokens are attracting investors due to their association…
- CoinPedia
These 3 PolitiFi Tokens Could 50X Before the U.S. Elections
This year's crypto landscape is buzzing with a new and unexpected trend – PolitiFi tokens. As the U.S. elections draw near, politically themed cryptocurrencies are gaining…
- Bitcoin
Trump and Politifi Tokens Surge — Which Coins Are Soaring the Most?
With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in…
- Crypto news
MAGA, FIGHT, and DJT surge as Trump's crypto project announces WLFI token
Donald Trump-themed cryptocurrencies surged as World Liberty Financial announced a new governance token. Fight to MAGA (FIGHT) led the charge with a massive surge of over 150%,…
Related protocols
Other DeFi protocols connected to Magma Finance by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other CDP protocols
Top protocols on IoTeX
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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