OpenTrade

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

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Dec 6, 2024
   Listed on DeFiLlama

OpenTrade operates in the RWA category of DeFi. It is deployed across 3 chains, including Avalanche, Plume Mainnet, Ethereum. No public audit reports are listed on DeFiLlama for this protocol.

OpenTrade operates on 3 networks (Avalanche, Plume Mainnet, Ethereum), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Avalanche, Plume Mainnet, Ethereum), so a fault on any one of them would affect a large slice of users. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk.

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

OpenTrade is one of 7 RWA protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tether Gold, BlackRock BUIDL, Paxos Gold, and 3 more. These peer protocols collectively secure $14.3B in deposits, giving you a frame of reference for whether OpenTrade's own TVL is at the top, middle, or tail of the category.

Tether Gold

TVL $3.6B · 24h -0.43%

BlackRock BUIDL

TVL $2.5B · 24h +0.43%

Paxos Gold

TVL $2.5B · 24h -0.60%

Circle USYC

TVL $2.4B · 24h +4.42%

Ondo Yield Assets

TVL $2B · 24h -0.67%

Centrifuge Protocol

TVL $1.3B · 24h +4.07%