Scarab Finance

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

Événements majeurs signalés par la communauté DeFiLlama — lancements de protocole, exploits, changements de gouvernance et programmes d'incitations.

1. Jan 1, 2022
   Listé sur DeFiLlama

Scarab 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 Fantom. The codebase has partial audit coverage; review the linked reports before trusting it with large positions.

Scarab Finance is a single-chain protocol, deployed exclusively on Fantom — 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.

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

Scarab 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 86,8 M $US in deposits, giving you a frame of reference for whether Scarab Finance's own TVL is at the top, middle, or tail of the category.

Frax

TVL 63,3 M $US · 24h +0.03%

Mento V2

TVL 17,6 M $US · 24h +1.42%

Generic.Money

TVL 3,5 M $US · 24h +0.00%

DefiDollar DAO

TVL 864,2 k $US · 24h +3.23%

Lumi Finance

TVL 841,8 k $US · 24h -0.17%

Sigmausd

TVL 565,7 k $US · 24h -2.12%