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Pegasusdollar
Pegasusdollar
PESAlgo-Stables
Audited
DeFiLlama Algo-Stables·$14.2K TVL·-0.34% 1h·-0.26% 24h·-0.04% 7d·1 chains

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Protocol TVL

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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

Audited by external firms
2 audits
Price oracles
TWAP· Primary

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.

  1. Apr 4, 2022
    Listed 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

Cronos
$14.2K(100.0%)

Supported Chains

Cronos

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.

Browse all Algo-Stables protocols on Mantapex

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.

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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