Oasis.app: Growing Crypto’s Tried-and-True Dai and DeFi GatewayRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$48M+1.6%
in ETH16.4K ETH+9.7%
in BTC1.1K BTC+6.1%
USDC Locked8.46M USDC+3.1K USDC
% Supply Locked0.03%
Blockchain
Ethereum
Most Locked$USDC
Protocol Token$MTA

Total Value Locked (USD) in mStable

  • TVL (USD)
  • BTC
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is mStable?

Released in May 2020, mStable is a protocol that builds autonomous and non-custodial stablecoin infrastructure. Three major problems confront stablecoin users: significant fragmentation in same-peg assets; lack of native yield when it is being increasingly demanded by users; lack of insurance against permanent capital loss. mStable's products (SWAP, SAVE and EARN) are built specifically to address these pain-points. mStable assets represent some underlying value peg and are minted/redeemed on-chain via smart contracts. mStable assets are backed 1:1 by a basket of existing tokenised same-base assets. Each mStable asset has an outsized native interest rate that is derived from lending basket assets on third party lending protocols combined with fees collected from the platform and liquidated tokens farmed by the underlying basket assets. Meta (MTA) is mStable’s protocol token, and has three core functions: - To coordinate decentralised governance. - To incentivise bootstrapping of mAsset liquidity, utility and a decentralised community of Governors. - To act as the source of re-collateralisation if it is implemented in future after being approved by governors.


How to use mStable?

Navigate to the mStable App where you can MINT, SWAP, SAVE and EARN using mStable assets, or simply purchase or utilise mASSETs across the DeFi ecosystem, in protocols like Balancer and Uniswap. Those who want to participate in Governance or stake their MTA should navigate to the governance portal

dHEDGE V2 Optimizes the Decentralized Hedge Fund Experience

dHEDGE is a decentralized asset management protocol that is permissionless.  This allows users to create or invest into non-custodial, on-chain…

2021-08-02Read more >

Founder Fireside Chat with Michael J. Cohen of xToken

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity…

2021-07-15Read more >

Founder Fireside Chat with Zeus of Olympus

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity…

2021-06-24Read more >

Asset Management Protocol DEXTF Ramps Up in 2021

DEXTF is an up-and-coming trading and fund management protocol for tokenized portfolios. These “XTF” portfolios, also known as decentralized traded…

2021-06-17Read more >