Eggs Finance

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

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Calculates the total backing of S in the Eggs contract, and total borrowed in S

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Eggs Finance's governance or utility token carries a market capitalisation of 247 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (247 mil US$) above the protocol's on-chain TVL (67,4 mil US$) — a mcap/TVL multiple of 3.67× 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.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Feb 14, 2025
   Listado en DeFiLlama

Eggs Finance is a Reserve Currency 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 Sonic. The codebase has been independently audited (1 report on file).

Eggs Finance is a single-chain protocol, deployed exclusively on Sonic — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Sonic-borrowed, borrowed, Sonic), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (247 mil US$) currently exceeds total value locked (67,4 mil US$) — a mcap/TVL ratio of 3.67 suggests the market is pricing in more growth than current deposits support.

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

Eggs Finance is one of 7 Reserve Currency protocols Mantapex tracks in this category. Direct peers ranked by total value locked include The Idols, Nirvana V2, Rezerve Money, and 3 more. These peer protocols collectively secure 10,1 M US$ in deposits, giving you a frame of reference for whether Eggs Finance's own TVL is at the top, middle, or tail of the category.

The Idols

TVL 6,3 M US$ · 24h +0.19%

Nirvana V2

TVL 2,7 M US$ · 24h -0.06%

Rezerve Money

TVL 728,8 mil US$ · 24h +1.16%

FlareBank

TVL 325,8 mil US$ · 24h -1.97%

BakerDAO

TVL 50,1 mil US$ · 24h -2.74%

Avalps

TVL 4,2 mil US$ · 24h +0.11%