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Add Metastable mUSD Adapter #13154

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merged 1 commit into from
Jan 20, 2025
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@collin-aftermath collin-aftermath commented Jan 17, 2025

NOTE

Please enable "Allow edits by maintainers" while putting up the PR.


  • If you would like to add a volume adapter please submit the PR here.
  • If you would like to add a liquidations adapter, please refer to this readme document for details.
  1. Once your adapter has been merged, it takes time to show on the UI. If more than 24 hours have passed, please let us know in Discord.
  2. Sorry, We no longer accept fetch adapter for new projects, we prefer the tvl to computed from blockchain data, if you have trouble with creating a the adapter, please hop onto our discord, we are happy to assist you.
  3. Please fill the form below only if the PR is for listing a new protocol else it can be ignored/replaced with reason/details about the PR
  4. For updating listing info It is a different repo, you can find your listing in this file: https://github.com/DefiLlama/defillama-server/blob/master/defi/src/protocols/data2.ts, you can edit it there and put up a PR
  5. Do not edit/push package-lock.json file as part of your changes, we use lockfileVersion 2, and most use v1 and using that messes up our CI
  6. No need to go to our discord and announce that you've created a PR, we monitor all PRs and will review it asap

Name (to be shown on DefiLlama):

Metastable mUSD

Twitter Link:

https://x.com/MetaStables

List of audit links if any:

None.

Website Link:

https://mstable.io

Logo (High resolution, will be shown with rounded borders):

https://mstable.io/general/logo.png

Current TVL:

1.68 million

Treasury Addresses (if the protocol has treasury)

None.

Chain:

Sui

Coingecko ID (so your TVL can appear on Coingecko, leave empty if not listed): (https://api.coingecko.com/api/v3/coins/list)
Coinmarketcap ID (so your TVL can appear on Coinmarketcap, leave empty if not listed): (https://api.coinmarketcap.com/data-api/v3/map/all?listing_status=active,inactive,untracked&start=1&limit=10000)
Short Description (to be shown on DefiLlama):

A decentralized stablecoin built on Sui.

Token address and ticker if any:

mUSD - 0xe44df51c0b21a27ab915fa1fe2ca610cd3eaa6d9666fe5e62b988bf7f0bd8722::musd::MUSD

Category (full list at https://defillama.com/categories) *Please choose only one:

CDP

Oracle Provider(s): Specify the oracle(s) used (e.g., Chainlink, Band, API3, TWAP, etc.):

Pyth

Implementation Details: Briefly describe how the oracle is integrated into your project:

The oracle is used to obtain a price feed for each stablecoin that is used to mint mUSD, and thus provide slipageless mints and trades between underlying assets.

Documentation/Proof: Provide links to documentation or any other resources that verify the oracle's usage:

https://docs.mstable.io/developers/contracts

forkedFrom (Does your project originate from another project):

None.

methodology (what is being counted as tvl, how is tvl being calculated):

We are counting the assets backing mUSD as the tvl, since mUSD is backed 1:1 with other stablecoins on Sui, in direct relation to the price of these assets when minted.

Github org/user (Optional, if your code is open source, we can track activity):

None.

@llamabutler
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The adapter at projects/metastable-musd exports TVL:

sui                       1.68 M

total                    1.68 M 

@waynebruce0x waynebruce0x merged commit 96a3986 into DefiLlama:main Jan 20, 2025
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3 participants