Magnet DAO
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Protocol TVL
About Magnet DAO
Magnet DAO is developing an advanced crypto incubator.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Magnet DAO tokenomics and on-chain capital
Magnet DAO's governance or utility token carries a market capitalisation of $2.7M based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($2.7M) above the protocol's on-chain TVL ($0.7) — a mcap/TVL multiple of 4075091.88× 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.
Magnet DAO Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Jan 4, 2022Listed on DeFiLlama
Protocol Profile
Magnet DAO 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 Avalanche.
TVL Distribution by Chain
Supported Chains
Protocol Footprint
Magnet DAO is a single-chain protocol, deployed exclusively on Avalanche — this concentrates execution risk but simplifies the trust model. Its token market cap ($2.7M) currently exceeds total value locked ($0.7) — a mcap/TVL ratio of 4075091.88 suggests the market is pricing in more growth than current deposits support.
Official Resources & Links
Verified external resources for Magnet DAO — 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
Magnet DAO 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 Magnet DAO's own TVL is at the top, middle, or tail of the category.
Recent Magnet DAO news
Latest reporting from major crypto news outlets covering Magnet DAO.
- Zycrypto
‘Scarcity Magnet' To Pull Bitcoin Price To $1 Million Before Mega Bull Run Ends — Analyst PlanB
PlanB notes that a magnet of scarcity is poised to propel Bitcoin to sky-high targets of up to $1 million before the current bull market ends.
- Dailycoin
XRP Emerges As Surprise Magnet For Tokenized Treasuries
The tokenized real‑world asset (RWA) market has quietly begun to redraw its map with XRP in it.
- Zycrypto
Bitcoin's “Magnet” Price Sits at $75,300 — Here's What it Means for the Asset
Bitcoin has reclaimed the $71,000 level and is now eyeing a liquidity cluster around $75,300, which could act as a magnet for price action.
- AMBCrypto
Bitcoin below $60K: A magnet for major market players?
Could we see a correction in Bitcoin's price as some traders increase their rate of accumulation?
- Benzinga
Grant Cardone Says Crypto Is A 'Magnet For Degenerate Investing,' Predicts Bitcoin Highs In 2026
Crypto markets attract “degenerate investing” behavior, according to real estate legend Grant Cardone, who also argues long-term real estate cash flow paired with Bitcoin (CRYPTO:…
- Coinpaper
Bitcoin Price Prediction: BTC Enters Magnet Zone as Bullish Cross Nears
BTC price faces $79,537 resistance as traders watch $77,115 support for the next Bitcoin move.
- Coinpaper
Is $1.45 the Next XRP Magnet as Liquidation Pressure Builds?
Questions are being raised about what's next for XRP as a major liquidation magnet builds at the $1.45 zone.
- NewsBTC
Dogecoin Price: ‘$6.9 Is A Magnet', Analyst Predicts
Dogecoin has plunged violently over the past 24 hours, shedding a large chunk of its value in a brutal correction across the entire crypto market. What looked like a hold above…
Related protocols
Other DeFi protocols connected to Magnet DAO 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 Avalanche
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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