Snowyowl
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Protocol TVL
About Snowyowl
Welcome to Snowy Owl, home to the first algorithmic token fork pegged to $JOE on the Avalanche network with innovating features.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Snowyowl Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Mar 4, 2022Listed on DeFiLlama
Protocol Profile
Snowyowl 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 Avalanche.
TVL Distribution by Chain
TVL spans 2 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Official Resources & Links
Verified external resources for Snowyowl — 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
Snowyowl 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 Snowyowl's own TVL is at the top, middle, or tail of the category.
Related protocols
Other DeFi protocols connected to Snowyowl 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 Avalanche
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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