Savanna Finance

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

Savanna Finance's governance or utility token carries a market capitalisation of $2.5K based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($2.5K) above the protocol's on-chain TVL ($918.1) — a mcap/TVL multiple of 2.72× 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.

Savanna Finance is published as a versioned release inside the Mm Finance protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Savanna Finance is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

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

1. Feb 15, 2022
   Listed on DeFiLlama

Savanna Finance 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 (1 report on file).

Savanna Finance is a single-chain protocol, deployed exclusively on Cronos — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap ($2.5K) currently exceeds total value locked ($918.1) — a mcap/TVL ratio of 2.72 suggests the market is pricing in more growth than current deposits support.

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

Savanna Finance 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 Savanna Finance's own TVL is at the top, middle, or tail of the category.

Frax

TVL $63.3M · 24h +0.03%

Mento V2

TVL $17.6M · 24h +1.42%

Generic.Money

TVL $3.5M · 24h +0.00%

DefiDollar DAO

TVL $864.2K · 24h +3.23%

Lumi Finance

TVL $841.8K · 24h -0.17%

Sigmausd

TVL $565.7K · 24h -2.12%