Flat Money V2

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

Flat Money V2 is published as a versioned release inside the Dhedge 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.

Flat Money V2 es una versión dentro de una familia de protocolos mayor. Abre el protocolo padre para ver el TVL combinado y todas las versiones hermanas.

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

1. Sep 8, 2025
   Listado en DeFiLlama

Flat Money V2 is a Partially Algorithmic Stablecoin 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 across 2 chains, including Arbitrum, Optimism. The codebase has been independently audited (1 report on file).

Flat Money V2 operates on 2 networks (Arbitrum, Optimism), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on Arbitrum, which holds 100% of all assets — other deployments are comparatively small. Price discovery relies on 2 oracle providers (Pyth, Chainlink), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for Flat Money V2 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Flat Money V2 is one of 6 Partially Algorithmic Stablecoin protocols Mantapex tracks in this category. Direct peers ranked by total value locked include dTRINITY dUSD, FxDAO, UXD, and 2 more. These peer protocols collectively secure 3,2 M US$ in deposits, giving you a frame of reference for whether Flat Money V2's own TVL is at the top, middle, or tail of the category.

dTRINITY dUSD

TVL 1,5 M US$ · 24h -14.04%

FxDAO

TVL 1,2 M US$ · 24h -0.07%

UXD

TVL 305,1 mil US$ · 24h +0.20%

Flat Money V1

TVL 115 mil US$ · 24h +0.46%

Chi Protocol

TVL 11,1 mil US$ · 24h +0.33%