Snake Finance
Snake Finance, an Algorithmic Stablecoin where 1 $SNAKE is equivalent to 1 $S. Algorithmic stablecoins are non-collateralized tokens designed to follow the price of their pegged asset, offering greater capital efficiency than traditional collateralized stablecoins
TVL history
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TVL by chain
Key facts
- Category
- Algo-Stables
- Chains
- 1
- Token
- SNAKE
- Oracles
- DIA
- Audits
- None listed
- Listed
- Feb 2025
Key events
- Genesis Phase Ended
Similar Algo-Stables protocols
How this TVL is counted
Pool2 deposits consist of SNAKE/S and GSNAKE/S LP tokens deposits while the staking TVL consists of the GSNAKEs tokens locked within the Masonry contract(0x5A5d34826ab31003F26F8A15e9B645803d85eA81).
Frequently asked questions
What is Snake Finance’s TVL?
Snake Finance has $15.81 in total value locked, -5.92% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is Snake Finance on?
Snake Finance runs on 1 chain; the most value sits on Sonic ($15.81).
What kind of protocol is Snake Finance?
Snake Finance is listed under Algo-Stables, where it ranks #38 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.