Milkomeda-C1 Djed
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Protocol TVL
About Milkomeda-C1 Djed
Djed is an autonomous crypto-backed stablecoin protocol that has been implemented in multiple smart contract programming languages and deployed to multiple blockchains
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
How Milkomeda-C1 Djed's TVL is measured
DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.
The TVL of each Djed deployment on Milkomeda C1.
If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.
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.
Milkomeda-C1 Djed Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- May 19, 2023Listed on DeFiLlama
Protocol Profile
Milkomeda-C1 Djed is a Dual-Token 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 on Milkomeda. The codebase has been independently audited (1 report on file).
Supported Chains
Protocol Footprint
Milkomeda-C1 Djed is a single-chain protocol, deployed exclusively on Milkomeda — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Aggr3Oracle); an outage or manipulation of that feed would propagate into every market the protocol prices. 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 Milkomeda-C1 Djed — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Dual-Token Stablecoin protocols on Mantapex
Milkomeda-C1 Djed is one of 7 Dual-Token Stablecoin protocols Mantapex tracks in this category. Direct peers ranked by total value locked include MoneyOnChain, fx Protocol, Hylo Protocol, and 3 more. These peer protocols collectively secure $122.5M in deposits, giving you a frame of reference for whether Milkomeda-C1 Djed's own TVL is at the top, middle, or tail of the category.
Recent Milkomeda-C1 Djed news
Latest reporting from major crypto news outlets covering Milkomeda-C1 Djed.
- UToday
Cardano Djed Stablecoin to Open Doors for Ethereum Developers: Details
Milkomeda, a Layer 2 protocol, has announced the exciting news that the Djed stablecoin protocol is coming to Milkomeda-C1, the EVM-compatible sidechain of Cardano.
- UToday
Cardano Djed Stablecoin to Open Doors for Ethereum Developers: Details
Milkomeda, a Layer 2 protocol, has announced the exciting news that the Djed stablecoin protocol is coming to Milkomeda-C1, the EVM-compatible sidechain of Cardano.
- UToday
Cardano's Djed Deploys on Ethereum-Compatible Sidechain: Details
Djed Alliance, the steward of Djed stablecoin protocol, has announced that a new deployment of the Djed stablecoin protocol is now live on Milkomeda-C1, the EVM-compatible…
- UToday
Cardano's Djed Deploys on Ethereum-Compatible Sidechain: Details
Djed Alliance, the steward of Djed stablecoin protocol, has announced that a new deployment of the Djed stablecoin protocol is now live on Milkomeda-C1, the EVM-compatible…
- Cryptopolitan
Djed alliance takes stablecoin industry to new heights with latest deployment on Cardano sidechain
The guardians of the Djed stablecoin protocol, known as the Djed Alliance, have unveiled a new deployment of their renowned protocol on Milkomeda-C1, which happens to be the…
- CryptoGlobe
$ADA: Cardano's Ecosystem Set to Thrive with Latest Deployment of Djed ($DJED)
In a significant stride for the digital currency space, the Djed Alliance has announced the deployment of the Djed stablecoin protocol on Milkomeda-C1. The Djed Alliance is a…
- UToday
Cardano Users to Explore Djed Stablecoin Trial on EVM Sidechain: Details
Milkomeda team said it was going to make testnet version of Djed available
- UToday
Cardano Users to Explore Djed Stablecoin Trial on EVM Sidechain: Details
Milkomeda team said it was going to make testnet version of Djed available
Related protocols
Other DeFi protocols connected to Milkomeda-C1 Djed by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Dual-Token Stablecoin protocols
Top protocols on Milkomeda
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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