Mars Protocol MARS
1. Summary
- Price
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$0.03 +27.8%
- Market Cap
- $14.90M (#1478)
- Supply
- 438.76M / 699.99M
- Tags
- Cosmos Ecosystem
- Description
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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.
| Price | |
| 52W High price | $0.24 |
| 52W High date | 11th Jan 2024 (11 months ago) |
| All Time High (ATH) Date | 7th Feb 2023 (1 year ago) |
| ATH Price | $0.51 |
| % From ATH | -90.71% |
| All Time Low (ATL) Date | 4th Sep 2024 (3 months ago) |
| ATL Price | $0.03 |
| % From ATL | 56.08% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $30,262.00 |
| Total Supply | 699.99M |
| Max Supply | 1.00B |
| Circulating Supply | 438.76M |
MARS
How does Mars Protocol's (MARS) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
52.0%
MARS
8.8%
Similar Market Cap
60 Day Return
18.4%
MARS
-6.8%
Similar Market Cap
1 Year Return
17.1%
MARS
4.3%
Similar Market Cap
We're monitoring 54 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: 1 commits vs. an average of 1
- Past 12 weeks: 1 commits vs. an average of 7
- Past year: 97 commits vs. an average of 104
Most Active Repos
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Top Developers 2024
In total, 239 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.
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 | 503 |
| Twitter followers | 69,277 |
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forum.marsprotocol.io/t/mrc-10-red-bank-deposit-caps-increase-1/799 Official
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forum.marsprotocol.io/t/mrc-10-red-bank-deposit-caps-increase-1/799 Official
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forum.marsprotocol.io/t/mrc-10-red-bank-deposit-caps-increase-1/799 Official
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forum.marsprotocol.io/t/mrc-10-red-bank-deposit-caps-increase-1/799 Official
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forum.marsprotocol.io/t/mrc-10-red-bank-deposit-caps-increase-1/799 Official
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forum.marsprotocol.io/t/mrc-10-red-bank-deposit-caps-increase-1/799 Official
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osmosis.marsprotocol.io/redbank Official
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osmosis.marsprotocol.io/redbank Official
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osmosis.marsprotocol.io/redbank Official
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osmosis.marsprotocol.io/redbank Official
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osmosis.marsprotocol.io/redbank Official
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osmosis.marsprotocol.io/redbank Official
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osmosis.marsprotocol.io/redbank Official
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blog.marsprotocol.io/blog/outpost-established-mars-deploys-the-red-bank-on-osmosis Official
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blog.marsprotocol.io/blog/outpost-established-mars-deploys-the-red-bank-on-osmosis Official
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blog.marsprotocol.io/blog/outpost-established-mars-deploys-the-red-bank-on-osmosis Official
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blog.marsprotocol.io/blog/outpost-established-mars-deploys-the-red-bank-on-osmosis Official
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blog.marsprotocol.io/blog/outpost-established-mars-deploys-the-red-bank-on-osmosis Official
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blog.marsprotocol.io/blog/outpost-established-mars-deploys-the-red-bank-on-osmosis Official
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blog.marsprotocol.io/blog/outpost-established-mars-deploys-the-red-bank-on-osmosis Official
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forum.marsprotocol.io/t/mrc-7-declare-unsecure-validator-as-a-service-vaas-as-unwelcome/76... Official
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forum.marsprotocol.io/t/mrc-7-declare-unsecure-validator-as-a-service-vaas-as-unwelcome/76... Official
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forum.marsprotocol.io/t/mrc-7-declare-unsecure-validator-as-a-service-vaas-as-unwelcome/76... Official
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forum.marsprotocol.io/t/mrc-7-declare-unsecure-validator-as-a-service-vaas-as-unwelcome/76... Official
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/ |
| @mars_protocol | |
| Forum | https://blog.marsprotocol.io/ |
What is the correct contract address for Mars Protocol?
| Neutron | factory/neutron1ndu2wvkrxtane8se2tr48gv7nsm46y5gcqjhux/MARS |
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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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