Mars Protocol Logo

Mars Protocol MARS

Mars Protocol header image

1. Summary

Ranks

Liquidity
32
Developer
60
Social
87
Momentum (beta)
37
Stack Rank™
14
Price
$0.06 +11.7%
Market Cap
$19.50M (#973)
Supply
226.01M / 999.99M
Price
52W High price $0.24
52W High date 11th Jan 2024 (5 months ago)
All Time High (ATH) Date 7th Feb 2023 (1 year ago)
ATH Price $0.51
% From ATH -85.28%
All Time Low (ATL) Date 8th Sep 2023 (9 months ago)
ATL Price $0.03
% From ATL 134.82%
Supply & Trading Volume
Trading Volume (24h) $26,212.00
Total Supply 999.99M
Max Supply 1.00B
Circulating Supply 226.01M
Description

Overview

Overview

Mars Protocol is a decentralized credit protocol designed for the Cosmos ecosystem. It combines a money market called Red Bank with a generalized credit primitive named Rover, allowing for decentralized, self-sovereign, inter-chain, non-custodial, open-sourced, and community-governed lending and borrowing.

Components

  • Mars Hub: A command center for numerous outposts that facilitate the protocol’s operations.
  • Red Bank: A money market within the protocol, where users can lend and borrow assets, similar to banks.
  • Rover: A credit account system allowing users to borrow and lend assets, use leverage for various DeFi strategies, and combine risk profiles across multiple chains.

Infrastructure

Mars Protocol employs a hub and outpost topology. Each outpost, such as the initial Osmosis chain outpost, integrates both Red Bank and Rover services. The design enables seamless interaction across different networks and applications,-enhancing user experiences and risk management.

Key Features

  • Cross-Collateralization: Users can leverage assets across different protocols and chains using Rovers.
  • Risk Management: Mars Protocol maintains a robust risk management system through its Risk Framework, ensuring proper monitoring and control of credit lines.

Governance

Mars Protocol has a community-governed structure, with the Martian Council as its governing body. Users can contribute through on-chain governance proposals, ensuring the protocol is shaped by its users and validators.

Expansion and Development

Mars Protocol continues to evolve and expand, with ongoing development and enhancements aimed at enhancing its ecosystem and user experiences. The protocol supports additional outposts and integrations, ensuring its position as a dominant money market within the Cosmos environment.

2. Price

MARS

2.1. Market Performance

How does Mars Protocol's (MARS) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

20.6%

MARS

0.5%

Similar Market Cap

60 Day Return

-28.9%

MARS

-4.7%

Similar Market Cap

1 Year Return

-32.1%

MARS

217.6%

Similar Market Cap

3. Developer Activity

We're monitoring 47 Mars Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Mars Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 4 commits vs. an average of 1
  • Past 12 weeks: 17 commits vs. an average of 8
  • Past year: 205 commits vs. an average of 137

Most Active Repos

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Past 12 weeks
Past year
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Past 12 weeks
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Past 12 weeks
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Past 12 weeks
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Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 236 developers have contributed to Mars Protocol over the past year. Who are the most active Mars Protocol developers, by commits, over the past year?

Related Projects

Developers working on Mars Protocol also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 257
Twitter followers 71,330
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://www.marsprotocol.io
Explorer http://explorer.marsprotocol.io/
Twitter @mars_protocol
Forum https://blog.marsprotocol.io/

What is the correct contract address for Mars Protocol?

Cosmos ibc/573FCD90FACEE750F55A8864EF7D38265F07E5A9273FA0E8DAFD39951332B580

Has Mars Protocol been audited for security?

No security audits found for this project.

Are you the owner of Mars Protocol? Edit it here

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