Pegasusdollar
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Protocol TVL
About Pegasusdollar
The first algorithmic token pegged to METF running on the Cronos Chain.Completely decentralized on chain governance.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
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.
Pegasusdollar Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Apr 4, 2022Listed on DeFiLlama
Protocol Profile
Pegasusdollar 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 Cronos. The codebase has been independently audited (2 reports on file).
TVL Distribution by Chain
Supported Chains
Protocol Footprint
Pegasusdollar is a single-chain protocol, deployed exclusively on Cronos — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (TWAP); an outage or manipulation of that feed would propagate into every market the protocol prices. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale.
Official Resources & Links
Verified external resources for Pegasusdollar — 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
Pegasusdollar 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 Pegasusdollar's own TVL is at the top, middle, or tail of the category.
Related protocols
Other DeFi protocols connected to Pegasusdollar 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 Cronos
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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