MONEY

defi.money (MONEY)

· 59/100as of 2026-11-08

MONEY is defi.money's CDP-backed dollar stablecoin deployed on Arbitrum, Optimism, and Base.

Updated —

USD-Pegged Crypto-Backed Centralized-Dependent

10 Sept 2024

Price

$0.9919

N/A

Market cap

$13.90M

0.00% 24h

Supply

14.01M MONEY

+0.06% 7d

+0.06% 30d

DEWSCalm15/100 · as of 2026-11-08

Peg

Liq43as of 2026-11-08

30d Excess

Price

$0.9919

N/A

Market cap

$13.90M

0.00% 24H

Supply

14.01M MONEY

+0.06% 7D · +0.06% 30D

30d Excess

MechanismCrypto CDPMintingGoverned CDP FreezePossibleChains3 JurisdictionNot disclosed GENIUSNone Found

MintingGoverned CDP FreezePossibleChains3 JurisdictionNot disclosed GENIUSNone Found

The defi.money Stablecoin

MONEY is defi.money's crvUSD-style dollar on Arbitrum, Optimism, and Base: borrowers deposit approved crypto collateral, and LLAMMA soft- bands convert it as prices move. Pharos reads that collateral from a live on-chain census of the market contracts rather than from issuer statements, and the book is mostly ETH and Lido's wstETH, with smaller custodied-BTC slices. The project itself is in sunset: defi.money ended team and interface support in May 2025, leaving the contracts open for direct position management. Economic control is the weakest pillar on the C card. The same 3-of-7 Safe owns the token on all three chains and can authorize new minters, and the token's mint function checks only that authorization, not collateral or the controllers' debt ceilings. Overcollateralized loans therefore back the supply only as long as that Safe adds no minter outside the CDP path. Each market prices its collateral through a single Chainlink-based EMA path.

Updated 2026-10-19 · AI summary · drafted by claude-opus-5-5 · facts as of 2026-10-19

AI policy

CeFi-Dependent|Compare

Backing evidence

MONEY

Overcollateralized

160.1%as reviewed

Review notes & sources (2)

Reviewed gaps

Liquidation capacity ratioNot applicable
LLAMMA soft-liquidation and hard-liquidation are funded by external arbitrageurs and keepers; no MONEY-dedicated stability pool or committed liquidation capital exists to measure.Source

defi.money contract deployment registry

Reviewed 2026-07-27

Exit evidence

MONEY Redemption route

No holder route

Only borrowers repaying debt reclaim collateral; holders exit through markets.

Review notes & sources (3)

defi.money documents CDP repayment and PegKeeper operations, not permissionless MONEY redemption for protocol collateral.

Reviewed 2026-10-01

Control evidence

MONEY Mint Authority

Users mint MONEY against collateral under governance, controlled by three 3/7 Safes and three contracts; supply is unbounded under adverse authority.

Confidence: VerifiedControl posture: Multisig controlled

Control map

IssuerGoverned CDP

ControlsDirect minter×3Minter admin Safe×33/7

SupplyMONEYUnbounded, adverse authority

Scoring breakdown

Derived posture Unknown

Component score Loading

The current Safety Score publication is loading; reviewed mint authority evidence is shown below.

Primary controls (6)

defi.money market controllers (crvUSD-style minter)
Direct minter / Contract
arbitrum / 0x1337F0...db62CD
MintCap-limited
At Arbitrum block 495410695, MONEY is minted only against overcollateralized loans in defi.money markets under the 100,000,000 MONEY global ceiling and market-specific debt parameters; supply tracks collateralized borrowing, not an issuer minter.
defi.money Optimism market controller (crvUSD-style minter)
Direct minter / Contract
optimism / 0x1337F0...db62CD
MintCap-limited
At Optimism block 155676713, MONEY is minted only against overcollateralized loans in defi.money markets under the 100,000,000 MONEY global ceiling and market-specific debt parameters; supply tracks collateralized borrowing, not an issuer minter.
defi.money Base market controller (crvUSD-style minter)
Direct minter / Contract
base / 0x1337F0...db62CD
MintCap-limited
At Base block 50081434, MONEY is minted only against overcollateralized loans in defi.money markets under the 100,000,000 MONEY global ceiling and market-specific debt parameters; supply tracks collateralized borrowing, not an issuer minter.
defi.money admin Safe (MONEY token owner)
Minter admin / Safe
arbitrum / 0x222d2B...66E48b
MintCan authorizeSetupSafe, 3/7 thresholdSafe modules/guardNo modules or guards detected
defi.money 3-of-7 Safe owns the Arbitrum MONEY deployment and controls native market onboarding, debt ceilings, and risk parameters; its LayerZero peer, pause, options, and delegate powers are separately authored under Bridge Risk.
defi.money Optimism admin Safe (MONEY token owner)
Minter admin / Safe
optimism / 0x222d2B...66E48b
MintCan authorizeSetupSafe, 3/7 thresholdSafe modules/guardNo modules or guards detected
defi.money 3-of-7 Safe owns the Optimism MONEY deployment and controls native market onboarding, debt ceilings, and risk parameters; its LayerZero peer, pause, options, and delegate powers are separately authored under Bridge Risk.
defi.money Base admin Safe (MONEY token owner)
Minter admin / Safe
base / 0x222d2B...66E48b
MintCan authorizeSetupSafe, 3/7 thresholdSafe modules/guardNo modules or guards detected
defi.money 3-of-7 Safe owns the Base MONEY deployment and controls native market onboarding, debt ceilings, and risk parameters; its LayerZero peer, pause, options, and delegate powers are separately authored under Bridge Risk.

Review notes & sources (16)

MONEY has native collateralized MainController issuance on Arbitrum, Base and Optimism. The 3-of-7 owner Safes can also authorize arbitrary token minters; BridgeToken.mint checks only minter authorization, without collateral or controller debt ceilings. D14 root native issuance is economically unbounded. LayerZero OFT transfer machinery remains exclusively in Bridge Risk.

Control posture

Material control is classified as requiring approval from a defined group of signers through a multisignature account.

CeFi-Dependent is the broader governance classification. Control posture describes more precisely where operational authority sits.

Control posture is not a Safety Score input. Economic Control is scored from the reviewed mint authority, oracle and bridge evidence.

Reviewed 2026-10-03

MONEY Collateral pricing & liquidation

Single-source / laggy

17 branches price collateral from a single-source or laggy feed.

Oracle review: Verified

Liquidation delayNone

Pricing path

SourcesChainlink via defi.money EMA

AggregatorSingle-source / laggy19 feeds · 17 branches

ConsumerLiquidation engine

Branches

First 5 of 17 · debt shares not measured

Arbitrum WETH marketPricing tier: Single-source / laggy
Arbitrum WBTC marketPricing tier: Single-source / laggy
Arbitrum ARB marketPricing tier: Single-source / laggy
Arbitrum wstETH marketPricing tier: Single-source / laggy
Arbitrum GMX marketPricing tier: Single-source / laggy

+ 12 more branches under Feeds, parameters & failure behavior

Feeds, parameters & failure behavior

Feeds

market 0xe38FB572099A8Fdb51e0929cb2B439D0479fC43E -> AMM 0xE73a960cD30659714aa8275Aa12aeec918e729D8 -> aggregate 0x469974C4297139f48daF1BfeA9d9aA44f9789e02 -> EMA 0x881Ba857166DDc8E364Be5C24b2c9eC587776760 -> ETH/USD · Chainlink via defi.money EMA · Arbitrum
market 0xB745f12eCF271484c79D3999cA12164Fe1c4e5f9 -> AMM 0x9cabC4d0eD66Ff48625D6f973A784c7234eB2B80 -> aggregate 0xFfd787C71792494646DefADa9761989aAA6E013a -> EMA 0x200A5EbEF24d7e41B0387007a4c2eb7b165beD7C -> BTC/USD · Chainlink via defi.money EMA · Arbitrum
market 0xEC70Ac48D2cc382987a176f64fe74d77d010F9D1 -> AMM 0xfeAf54Da93b427caCe0B6A063ABac637D1A981f5 -> aggregate 0xCad2c4b1AAd5116256E3206c5c26a3a9962573a4 -> EMA 0x35A3Dca4320202A6946C49874273041421325029 -> ARB/USD · Chainlink via defi.money EMA · Arbitrum
market 0xE927e8B43Da90f017b146Eff5f99515372630DD1 -> AMM 0x8825E6BE3dC33e9651Dfa0583f95616D1E339Dda -> aggregate 0x80E0bB21737C8E1BAbD4b9E113c735b994126400 -> EMA 0xb8efFdf5952753B098bFbFDf9393cf699aEE844a -> wstETH/ETH · Chainlink via defi.money EMA · Arbitrum
same aggregate serial leg -> EMA 0x85F09b2d7EcF1F5A62252Cc4b8DB5136f3D88E2 -> ETH/USD · Chainlink via defi.money EMA · Arbitrum
market 0xa8ED217624218a4c65e6d577A26D7810E2f8f790 -> AMM 0xfD3A1275A1Edda1237a2c82dA9f1736F2efa0BC9 -> aggregate 0x3247Ae2B8C73A71f0f8D66731B245dB2afD08237 -> EMA 0x73307EFC576627904B5e31bB628D3260484b5281 -> GMX/USD · Chainlink via defi.money EMA · Arbitrum
market 0xE304eF44F4240E44d0A8E954c22e5007a93a4378 -> AMM 0xa3c0533Cf448d0fbEacB1294cd63DdBbceB2f5f7 -> aggregate 0x78377b26A718c8F532B07D3063e2517f33AE592f -> EMA 0xd869d3E3B5A49746EE59aE8a6f8C9B62CD3f9173 -> RDNT/USD · Chainlink via defi.money EMA · Arbitrum
market 0xFF75fa72bbc5DB02FceB948901614A1155925592 -> AMM 0xCaE9a11153cA1c0B8B1BC6A9EE3d5754c445f3d9 -> aggregate 0x284FAe4eBEc78e6a6c70Ed577BBD55b13FCD5D4E -> EMA 0x5462868c57b893d7f7f3A4715e0cC9b1D51E0537 -> PENDLE/USD · Chainlink via defi.money EMA · Arbitrum
market 0xA929A836148E0635aB5EDf5B474d664601aDD2cE -> AMM 0x65958eB6169B291aeeE5e5445674FB4868476878 -> aggregate 0xcaa86F5888Bbb15504Ec0AE8033633F2d5c88B06 -> EMA 0x7c458879de0550A69B4c4AC11070bDC20C712940 -> ETH/USD · Chainlink via defi.money EMA · Base
market 0xA86e8d5ed6F07DAb21C44e55e8576742760a7aFB -> AMM 0x09A00B732C0A9567A088f6433f77211b05D4DBb8 -> aggregate 0x831fBfd6A264aDc1F705903cf843De26e6Aa12dA -> EMA 0x4b1FA377C4CBE86C7b9C8e20A0c1264cc4D666a2 -> cbBTC/USD · Chainlink via defi.money EMA · Base
market 0xdf887F7a76744df87CF8111349657688E73257dc -> AMM 0xC65949105c75d517C6c63d6d96F4837124ccac10 -> aggregate 0x5FAfa61f8c350A2f3fBe31302035643d4Bc20BcA -> EMA 0xBE90D2DB18AeA1AeE86ed478FFd66ee1eFA6D9A4 -> cbETH/USD · Chainlink via defi.money EMA · Base
market 0x72765c346e139eF09d104955dD0bd3d4F45441bF -> AMM 0x9E4bEf7995db8ADD5B6468B5AeFADc90d80cFB76 -> aggregate 0xd85926EfF9A348B24E779baCd80469dEFC06EEEc -> EMA 0x5806220D221AB6171DF4EFF78c0b678e5A45188E -> wstETH/ETH · Chainlink via defi.money EMA · Base
same aggregate serial leg -> EMA 0xC9AfED0E2361ee9AcD525EeB0e31816034CA2F56 -> ETH/USD · Chainlink via defi.money EMA · Base
market 0x3385255E97FBdcA1F94491557211f56B250BD224 -> AMM 0x6b6b69Cc5624Da005A829b8fA20f31AE52A43e09 -> aggregate 0x28a7D232cb52D1214B1229C6493d4afF75bb242E -> EMA 0x6601594474A0f82Dfe05419463c019178E3e2fbc -> AERO/USD · Chainlink via defi.money EMA · Base
market 0xD74A1f6B44395cf8c4833df5Bc965C6C2b567476 -> AMM 0xad7d46ceB08ba5a1A21AFc43e9E2591c842F9057 -> aggregate 0xFD008636Cc1B4544D60A096Ea2D006a2e925846A -> EMA 0x3b54dd4E159e810811C0ba0f7684a56856860b7F -> ETH/USD · Chainlink via defi.money EMA · Optimism
market 0xC82B4C656BA6Aa4A2eF6bfe6b511d206C93b405b -> AMM 0x69B308628D58066Dd21874B43CB790BaE3D0BaFC -> aggregate 0x543BbcC290fE6B2424d79d232D203DC378768666 -> EMA 0x468Ff60cb1AD1b97E84F8A4e22642E740FF1eCa6 -> BTC/USD · Chainlink via defi.money EMA · Optimism
market 0xfC6Ec1F94f2fFCe0f0BcB79592D765abD3E1BAEf -> AMM 0x2eEAb5f076dea85517a53b33f4828c5bb6CE9216 -> aggregate 0x9523974c497FA67D5a33a46Ec74816c95959bd5F -> EMA 0x07cA937A0e78DBbe69d32E6cC7928FAD18dF768B -> wstETH/USD · Chainlink via defi.money EMA · Optimism
market 0x13aa7dBB49d414A321b403EabB1B4231e61C7b29 -> AMM 0xAA948FcF8954E4721B39eaAD32978E804A5A0859 -> aggregate 0x787174E73D2076503b31fB9AF4CF6802f79241dF -> EMA 0xF9aD0A334Bfb2Dbce03910a79509093a1B027dE3 -> OP/USD · Chainlink via defi.money EMA · Optimism
market 0x7e0242FCAA2d4844C6fF0769fac9c9cF5f8DE2d6 -> AMM 0xde18225b337337Bc94bcc7886EF55689C99208f4 -> aggregate 0x2fFb796Cf9da8cDc1204E2ee77b3081f891B01fA -> EMA 0x48C76B7D7d53d5B81D1732e6953aEDd21A76Ec83 -> VELO/USD · Chainlink via defi.money EMA · Optimism

Arbitrum RDNT legacy marketPricing tier: Single-source / laggy
Arbitrum PENDLE marketPricing tier: Single-source / laggy
Base WETH marketPricing tier: Single-source / laggy
Base cbBTC marketPricing tier: Single-source / laggy
Base cbETH marketPricing tier: Single-source / laggy
Base wstETH marketPricing tier: Single-source / laggy
Base AERO marketPricing tier: Single-source / laggy
Optimism WETH marketPricing tier: Single-source / laggy
Optimism WBTC marketPricing tier: Single-source / laggy
Optimism wstETH marketPricing tier: Single-source / laggy
Optimism OP marketPricing tier: Single-source / laggy
Optimism VELO marketPricing tier: Single-source / laggy

Arbitrum WETH market

WETH · Debt 1,108.263551 MONEY; ceiling 5,000,000 MONEY; loan discount 7%; liquidation discount 4%; A=72; 8 open loans. Maximum LTV varies with selected LLAMMA band count.

Immediate full or partial LLAMMA bad liquidation: third-party callers require negative health, while the borrower may self-liquidate without that gate; the caller burns net MONEY and receives converted stablecoin surplus and collateral. · liquidation delay None

No Stability Pool, auction, or insurance backstop; the AMM's converted MONEY offsets debt and the external liquidator must burn the remaining debt.

One live path only. Aggregate returns cached storedPrice during sequencer downtime and the 1,800-second recovery grace period; otherwise an upstream revert/zero fails closed. Positive stale Chainlink rounds are accepted because updatedAt has no bound.

Owner or guardian can pause new and adjusted loans while close and liquidation remain callable. No residual-debt socialization exists; uncovered debt remains economically dependent on a liquidator burning MONEY.

Arbitrum WBTC market

WBTC · Debt 0.713392 MONEY; ceiling 4,000,000 MONEY; loan discount 7%; liquidation discount 4%; A=89; 6 open loans. Maximum LTV varies with LLAMMA band count.

Immediate full or partial LLAMMA bad liquidation: third-party callers require negative health, while the borrower may self-liquidate without that gate; the caller supplies net debt and receives AMM stablecoin surplus and collateral. · liquidation delay None

No Stability Pool, auction, or insurance; AMM conversion plus liquidator-funded burn settles debt.

One live path only. Sequencer downtime uses the aggregate cache through the 1,800-second recovery grace; upstream revert/zero fails closed, but positive stale rounds have no enforced age bound.

Emergency pause preserves close/liquidate. No residual-debt redistribution or insurer is implemented.

Arbitrum ARB market

ARB · Debt 0.001174 MONEY; ceiling 1,000,000 MONEY; loan discount 12%; liquidation discount 9%; A=30; 2 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance; AMM conversion and liquidator burn settle debt.

Single path; sequencer-only cached price, otherwise fail-closed on revert/zero and no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution or insurer.

Arbitrum wstETH market

wstETH · Zero debt and zero open loans, but callable with 1,500,000 MONEY ceiling; loan discount 13%; liquidation discount 10%; A=72; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Both serial legs must succeed; there is no alternate path. Sequencer downtime uses cache; positive stale rounds are accepted without age bounds.

Pause preserves close/liquidate; no residual-debt redistribution or insurer.

Arbitrum GMX market

GMX · Zero debt/loans; callable 1,000,000 MONEY ceiling; loan discount 17%; liquidation discount 14%; A=60; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Arbitrum RDNT legacy market

RDNT · Zero debt, zero loans, and zero debt ceiling: new debt is disabled. Retained as a deployed legacy branch. Loan discount 19%; liquidation discount 16%; A=20.

Immediate LLAMMA liquidation remains deployed; third-party callers require negative health, while the borrower may self-liquidate without that gate. No current loans exist. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Zero ceiling blocks new borrowing; pause preserves close/liquidate; no residual-debt redistribution.

Arbitrum PENDLE market

PENDLE · Zero debt/loans; callable 1,000,000 MONEY ceiling; loan discount 19%; liquidation discount 16%; A=20; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Base WETH market

WETH · Debt 12.894532 MONEY; ceiling 5,000,000 MONEY; loan discount 16%; liquidation discount 13%; A=90; 11 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance; liquidator burns net MONEY.

Single path; Base sequencer downtime uses aggregate cache through the 1,800-second recovery grace. Revert/zero fails closed; positive stale rounds are accepted.

Pause preserves close/liquidate; no residual-debt redistribution.

Base cbBTC market

cbBTC · Debt 270.450859 MONEY; ceiling 5,000,000 MONEY; loan discount 7%; liquidation discount 4%; A=70; 1 open loan; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Base cbETH market

cbETH · Debt 69.728162 MONEY; ceiling 2,500,000 MONEY; loan discount 15%; liquidation discount 12%; A=70; 1 open loan; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Base wstETH market

wstETH · Zero debt/loans; callable 2,500,000 MONEY ceiling; loan discount 13%; liquidation discount 10%; A=65; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Both serial legs must succeed; no alternate path. Sequencer cache only; positive stale rounds accepted.

Pause preserves close/liquidate; no residual-debt redistribution.

Base AERO market

AERO · Zero current debt, 1 enumerated loan, callable 1,000,000 MONEY ceiling; loan discount 42%; liquidation discount 39%; A=7; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism WETH market

WETH · Debt 0.643541 MONEY; ceiling 1,750,000 MONEY; loan discount 7%; liquidation discount 4%; A=72; 2 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; Optimism sequencer downtime uses aggregate cache through the 1,800-second recovery grace; positive stale rounds have no enforced bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism WBTC market

WBTC · Debt 93.618282 MONEY; ceiling 750,000 MONEY; loan discount 7%; liquidation discount 4%; A=89; 3 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism wstETH market

wstETH · Debt 442.761131 MONEY; ceiling 1,000,000 MONEY; loan discount 7%; liquidation discount 4%; A=72; 2 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism OP market

OP · Debt 103.364896 MONEY; ceiling 500,000 MONEY; loan discount 15%; liquidation discount 12%; A=40; 3 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism VELO market

VELO · Debt 3.311716 MONEY; ceiling 200,000 MONEY; loan discount 21%; liquidation discount 18%; A=30; 1 open loan; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Review notes & sources (28)

defi.money exposes 16 borrowing-callable controller markets plus one registered, zero-ceiling RDNT branch across Arbitrum, Base, and Optimism. Each market uses one AggregateChainedOracle path over a 20-observation, 30-second Chainlink EMA; wstETH uses two serial Chainlink legs, not failover. Healthy state-changing price_w() updates refresh storedPrice, while view-only price() does not; the aggregate serves storedPrice only during sequencer downtime and the 30-minute recovery grace period. Chainlink updatedAt has no enforced staleness bound.

Arbitrum WETH market: Debt-bearing WETH market 0xe38F...C43E under controller 0x1337...62CD; one Chainlink ETH/USD EMA path.
Arbitrum WBTC market: Debt-bearing WBTC market 0xB745...e5f9; one Chainlink BTC/USD EMA path.
Arbitrum ARB market: Debt-bearing ARB market 0xEC70...F9D1; one Chainlink ARB/USD EMA path.
Arbitrum wstETH market: Callable zero-debt wstETH market 0xE927...DD1; serial wstETH/ETH and ETH/USD Chainlink EMA legs, not redundant failover.
Arbitrum GMX market: Callable zero-debt GMX market 0xa8ED...f790; one Chainlink GMX/USD EMA path.
Arbitrum RDNT legacy market: Registered zero-ceiling, zero-debt RDNT disabled market 0xE304...4378; borrowing is unavailable while the ceiling is zero, but the branch remains explicit and uses one Chainlink RDNT/USD EMA path.
Arbitrum PENDLE market: Callable zero-debt PENDLE market 0xFF75...592; one Chainlink PENDLE/USD EMA path.
Base WETH market: Debt-bearing WETH market 0xA929...D2cE; one Chainlink ETH/USD EMA path.
Base cbBTC market: Debt-bearing cbBTC market 0xA86e...7aFB; one Chainlink cbBTC/USD EMA path.
Base cbETH market: Debt-bearing cbETH market 0xdf88...57dc; one Chainlink cbETH/USD EMA path.
Base wstETH market: Callable zero-debt wstETH market 0x7276...41bF; serial wstETH/ETH and ETH/USD Chainlink EMA legs.
Base AERO market: Callable AERO market 0x3385...D224 with one zero-debt loan slot and a Chainlink AERO/USD EMA path.
Optimism WETH market: Debt-bearing WETH market 0xD74A...7476; one Chainlink ETH/USD EMA path.
Optimism WBTC market: Debt-bearing WBTC market 0xC82B...405b; one Chainlink BTC/USD EMA path.
Optimism wstETH market: Debt-bearing wstETH market 0xfC6E...BAEf; one Chainlink wstETH/USD EMA path.
Optimism OP market: Debt-bearing OP market 0x13aa...7b29; one Chainlink OP/USD EMA path.
Optimism VELO market: Debt-bearing VELO market 0x7e02...E2d6; one Chainlink VELO/USD EMA path.

Reviewed 2026-07-14

MONEY

All validator network

3 routes on 3 chains, all external validator network. 3 third-party (100%).

Confidence: Verified

Routes by chain (3)

Equal widths, supply split unavailable

Review notes & sources (5)

MONEY has independent native CDP issuance on Arbitrum, Base, and Optimism through chain-local MainController deployments. The same-address token deployments also carry a LayerZero OFT burn/mint rail; cross-chain movement depends on external LayerZero message validation rather than a lockbox or canonical rollup bridge. Native CDP controls remain in Mint Authority, while the OFT bridge mint/burn controls are scored here as external-validated-network exposure.

Reviewed 2026-08-17

MONEY

Possible

An admin control could restrict holders, but the review found no active power to freeze or seize a specific holder's balance on its material deployments. Typical cases are a global transfer pause, an upgradeable token contract, or a blacklist role that exists but is unassigned.

Sourced review

Power and scope

PowerPossible

ScopeCanonical · PermissionlessBridged · Permissionless×2

Reviewed deployments (3)

ArbitrumCanonical · Permissionless
BaseBridged · Permissionless
OptimismBridged · Permissionless

Transfer posture reviewed 2026-07-20.

Review notes & sources (6)

Re-verified 2026-10-19 on all three material deployments (Optimism 35.76%, Arbitrum 35.73%, Base 28.52%). MONEY is the native BridgeToken at 0x69420f9e38a4e60a62224c489be4bf7a94402496 on each chain. Its owner is the same 3-of-7 Safe 0x222d2B30EcD382a058618d9F1ee01F147666E48b on all three (Arbitrum block 516204004; Optimism block 158395979; Base block 52800622), and setMinter(address,bool) is onlyOwner. burn(address,uint256) lets an address with isMinter burn another account's balance. The currently enabled minters are protocol contracts, not arbitrary burners: the MainController 0x1337F001E280420EcCe9E7B934Fa07D67fdb62CD (isMinter=true on all three; its burn paths target msg.sender or the AMM after transferFrom) and, on Arbitrum only, the PegKeeperRegulator 0xf2b12abebf522d4a0f195ac21a6c9af196ed1595 (isMinter=true; burns only peg-keeper balances). No EOA or arbitrary-holder burner is currently installed. The owner Safe can add one immediately; a governor that can add burners is a direct Possible surface, not Yes. No parent: variantOf and mintAuthority.inheritedFrom are null. Reserve exposure is not majority custodial: ETH 63.9%, wstETH 26.5% (DAO-governed, excluded), WBTC 4.8%, cbBTC 4.8%.

Reviewed 2026-10-19

MONEY

No public auth found

GENIUS (US): None foundPathway unresolved

Issuer disclosures: Not recorded

MONEY has no public GENIUS authorization on record.

Review notes & sources (11)

GENIUS review notes

Reviewed 2026-10-07. The official sunset notice schedules interface shutdown for June 1, 2025 and ends core development and support effective May 7, 2025; contracts remain available for direct position management. No legal token issuer, domicile or fixed monetary-value redemption obligor is assigned. Collateral-mechanics documentation is not evidence of a current reserve disclosure or reserve attestation, so reserveDisclosurePresent, reserveDisclosureUrl and monthlyAttestationPresent are omitted. No public GENIUS authorization or token-specific issuer intent was found in the consulted sources. No enforcement status is assigned from a bounded authorization search. Unknown pathway and foreign-exception fields do not assert authorization or rejection. DASP posture refers to the GENIUS statutory timetable, not unconditional permission under other laws.

Reviewed 2026-10-07

Key links

Website Twitter Docs

MONEY Contracts

3 deployments tracked across Arbitrum, Optimism, and Base.

Primary contract

Arbitrum

0x6942...2496

View on Arbitrum explorer

Arbitrum0x6942...2496

Optimism0x6942...2496

Base0x6942...2496

Contract addresses (3)

Arbitrum 0x69420f9e38a4e60a62224c489be4bf7a94402496
Optimism 0x69420f9e38a4e60a62224c489be4bf7a94402496
Base 0x69420f9e38a4e60a62224c489be4bf7a94402496

Supply & Liquidity

History

Explore

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Peers

All US Dollar stablecoins

DAI

Taxonomy

All US Dollar stablecoins CeFi-Dependent stablecoins Crypto-Collateralized stablecoins

Trackers

Stablecoin safety scores DEX liquidity rankings Depeg tracker See all CDP stablecoins

Actions

Open MONEY in live compare Set MONEY Telegram alerts Browse stablecoin comparisons Read the daily digest Use the Pharos API

Safety

C· 59/100

as of 2026-11-08

Peg Liquidity43· as of 2026-11-08 DEWSCalm· 15/100 · as of 2026-11-08

Collateralization

Overcollateralized

160.1%as reviewed

Details & sources (2)

Reviewed gaps

Liquidation capacity ratioNot applicable
LLAMMA soft-liquidation and hard-liquidation are funded by external arbitrageurs and keepers; no MONEY-dedicated stability pool or committed liquidation capital exists to measure.Source

defi.money contract deployment registry

Reviewed 2026-07-27

Access posture

Loading published access posture…

Regulatory standing

No public auth found

GENIUS (US): None foundPathway unresolved

Issuer disclosures: Not recorded

MONEY has no public GENIUS authorization on record.

Details & sources (11)

GENIUS review notes

Reviewed 2026-10-07

Price Transparency

$0.9919

Single-sourceSources 1/3

Sources

CoinGecko

Key links

Website Twitter Docs

MONEY Contracts

Arbitrum0x6942...2496

Optimism0x6942...2496

Base0x6942...2496

News

Loading recent events…

Evidence index

Exit

Redemption routeNo holder route

Control

Mint AuthorityMint score loading
Collateral pricing & liquidationSingle-source / laggy
Bridging & deploymentsAll validator network
Freeze & seizurePossible

Profile

MONEY profile facts

defi.money (MONEY) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.

CeFi-Dependent Crypto-Collateralized US Dollar

Collateral: Overcollateralized loan collateral accepted by defi.money markets on supported networks, including assets such as WBTC and ETH rather than a fixed USDC reserve portfolio
Peg mechanism: crvUSD-style loan/CDP stablecoin: users deposit approved collateral, borrow MONEY against protocol risk parameters and conversion ranges, and maintain solvency through market-specific liquidation and peg-keeper mechanics
Jurisdiction: Not disclosed in the static profile.
Proof of reserves: No proof-of-reserves entry in the static profile.
Contracts: 3 deployments tracked across Arbitrum, Optimism, and Base.

Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.

MONEY quick answers

What is defi.money (MONEY)?

MONEY is defi.money's CDP-backed dollar stablecoin deployed on Arbitrum, Optimism, and Base. The static profile records its US Dollar peg mechanism as: crvUSD-style loan/CDP stablecoin: users deposit approved collateral, borrow MONEY against protocol risk parameters and conversion ranges, and maintain solvency through market-specific liquidation and peg-keeper mechanics.

Is MONEY safe?

As of Nov 8, 2026, Pharos grades MONEY C (59/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

What backs MONEY?

Pharos records MONEY's reserves as of Sep 9, 2026 as 63.9% ETH, 26.5% wstETH, 4.8% Custodied BTC (WBTC), and 1 smaller holding. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Crypto-Collateralized.

Can MONEY be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.

Backing evidence

MONEY

Overcollateralized

160.1%as reviewed

Review notes & sources (2)

Reviewed gaps

Liquidation capacity ratioNot applicable
LLAMMA soft-liquidation and hard-liquidation are funded by external arbitrageurs and keepers; no MONEY-dedicated stability pool or committed liquidation capital exists to measure.Source

defi.money contract deployment registry

Reviewed 2026-07-27

Exit evidence

MONEY Redemption route

No holder route

Only borrowers repaying debt reclaim collateral; holders exit through markets.

Review notes & sources (3)

defi.money documents CDP repayment and PegKeeper operations, not permissionless MONEY redemption for protocol collateral.

Reviewed 2026-10-01

Control evidence

MONEY Mint Authority

Users mint MONEY against collateral under governance, controlled by three 3/7 Safes and three contracts; supply is unbounded under adverse authority.

Confidence: VerifiedControl posture: Multisig controlled

Control map

IssuerGoverned CDP

ControlsDirect minter×3Minter admin Safe×33/7

SupplyMONEYUnbounded, adverse authority

Scoring breakdown

Derived posture Unknown

Component score Loading

The current Safety Score publication is loading; reviewed mint authority evidence is shown below.

Primary controls (6)

defi.money market controllers (crvUSD-style minter)
Direct minter / Contract
arbitrum / 0x1337F0...db62CD
MintCap-limited
At Arbitrum block 495410695, MONEY is minted only against overcollateralized loans in defi.money markets under the 100,000,000 MONEY global ceiling and market-specific debt parameters; supply tracks collateralized borrowing, not an issuer minter.
defi.money Optimism market controller (crvUSD-style minter)
Direct minter / Contract
optimism / 0x1337F0...db62CD
MintCap-limited
At Optimism block 155676713, MONEY is minted only against overcollateralized loans in defi.money markets under the 100,000,000 MONEY global ceiling and market-specific debt parameters; supply tracks collateralized borrowing, not an issuer minter.
defi.money Base market controller (crvUSD-style minter)
Direct minter / Contract
base / 0x1337F0...db62CD
MintCap-limited
At Base block 50081434, MONEY is minted only against overcollateralized loans in defi.money markets under the 100,000,000 MONEY global ceiling and market-specific debt parameters; supply tracks collateralized borrowing, not an issuer minter.
defi.money admin Safe (MONEY token owner)
Minter admin / Safe
arbitrum / 0x222d2B...66E48b
MintCan authorizeSetupSafe, 3/7 thresholdSafe modules/guardNo modules or guards detected
defi.money 3-of-7 Safe owns the Arbitrum MONEY deployment and controls native market onboarding, debt ceilings, and risk parameters; its LayerZero peer, pause, options, and delegate powers are separately authored under Bridge Risk.
defi.money Optimism admin Safe (MONEY token owner)
Minter admin / Safe
optimism / 0x222d2B...66E48b
MintCan authorizeSetupSafe, 3/7 thresholdSafe modules/guardNo modules or guards detected
defi.money 3-of-7 Safe owns the Optimism MONEY deployment and controls native market onboarding, debt ceilings, and risk parameters; its LayerZero peer, pause, options, and delegate powers are separately authored under Bridge Risk.
defi.money Base admin Safe (MONEY token owner)
Minter admin / Safe
base / 0x222d2B...66E48b
MintCan authorizeSetupSafe, 3/7 thresholdSafe modules/guardNo modules or guards detected
defi.money 3-of-7 Safe owns the Base MONEY deployment and controls native market onboarding, debt ceilings, and risk parameters; its LayerZero peer, pause, options, and delegate powers are separately authored under Bridge Risk.

Review notes & sources (16)

Control posture

Material control is classified as requiring approval from a defined group of signers through a multisignature account.

CeFi-Dependent is the broader governance classification. Control posture describes more precisely where operational authority sits.

Control posture is not a Safety Score input. Economic Control is scored from the reviewed mint authority, oracle and bridge evidence.

Reviewed 2026-10-03

MONEY Collateral pricing & liquidation

Single-source / laggy

17 branches price collateral from a single-source or laggy feed.

Oracle review: Verified

Liquidation delayNone

Pricing path

SourcesChainlink via defi.money EMA

AggregatorSingle-source / laggy19 feeds · 17 branches

ConsumerLiquidation engine

Branches

First 5 of 17 · debt shares not measured

Arbitrum WETH marketPricing tier: Single-source / laggy
Arbitrum WBTC marketPricing tier: Single-source / laggy
Arbitrum ARB marketPricing tier: Single-source / laggy
Arbitrum wstETH marketPricing tier: Single-source / laggy
Arbitrum GMX marketPricing tier: Single-source / laggy

+ 12 more branches under Feeds, parameters & failure behavior

Feeds, parameters & failure behavior

Feeds

market 0xe38FB572099A8Fdb51e0929cb2B439D0479fC43E -> AMM 0xE73a960cD30659714aa8275Aa12aeec918e729D8 -> aggregate 0x469974C4297139f48daF1BfeA9d9aA44f9789e02 -> EMA 0x881Ba857166DDc8E364Be5C24b2c9eC587776760 -> ETH/USD · Chainlink via defi.money EMA · Arbitrum
market 0xB745f12eCF271484c79D3999cA12164Fe1c4e5f9 -> AMM 0x9cabC4d0eD66Ff48625D6f973A784c7234eB2B80 -> aggregate 0xFfd787C71792494646DefADa9761989aAA6E013a -> EMA 0x200A5EbEF24d7e41B0387007a4c2eb7b165beD7C -> BTC/USD · Chainlink via defi.money EMA · Arbitrum
market 0xEC70Ac48D2cc382987a176f64fe74d77d010F9D1 -> AMM 0xfeAf54Da93b427caCe0B6A063ABac637D1A981f5 -> aggregate 0xCad2c4b1AAd5116256E3206c5c26a3a9962573a4 -> EMA 0x35A3Dca4320202A6946C49874273041421325029 -> ARB/USD · Chainlink via defi.money EMA · Arbitrum
market 0xE927e8B43Da90f017b146Eff5f99515372630DD1 -> AMM 0x8825E6BE3dC33e9651Dfa0583f95616D1E339Dda -> aggregate 0x80E0bB21737C8E1BAbD4b9E113c735b994126400 -> EMA 0xb8efFdf5952753B098bFbFDf9393cf699aEE844a -> wstETH/ETH · Chainlink via defi.money EMA · Arbitrum
same aggregate serial leg -> EMA 0x85F09b2d7EcF1F5A62252Cc4b8DB5136f3D88E2 -> ETH/USD · Chainlink via defi.money EMA · Arbitrum
market 0xa8ED217624218a4c65e6d577A26D7810E2f8f790 -> AMM 0xfD3A1275A1Edda1237a2c82dA9f1736F2efa0BC9 -> aggregate 0x3247Ae2B8C73A71f0f8D66731B245dB2afD08237 -> EMA 0x73307EFC576627904B5e31bB628D3260484b5281 -> GMX/USD · Chainlink via defi.money EMA · Arbitrum
market 0xE304eF44F4240E44d0A8E954c22e5007a93a4378 -> AMM 0xa3c0533Cf448d0fbEacB1294cd63DdBbceB2f5f7 -> aggregate 0x78377b26A718c8F532B07D3063e2517f33AE592f -> EMA 0xd869d3E3B5A49746EE59aE8a6f8C9B62CD3f9173 -> RDNT/USD · Chainlink via defi.money EMA · Arbitrum
market 0xFF75fa72bbc5DB02FceB948901614A1155925592 -> AMM 0xCaE9a11153cA1c0B8B1BC6A9EE3d5754c445f3d9 -> aggregate 0x284FAe4eBEc78e6a6c70Ed577BBD55b13FCD5D4E -> EMA 0x5462868c57b893d7f7f3A4715e0cC9b1D51E0537 -> PENDLE/USD · Chainlink via defi.money EMA · Arbitrum
market 0xA929A836148E0635aB5EDf5B474d664601aDD2cE -> AMM 0x65958eB6169B291aeeE5e5445674FB4868476878 -> aggregate 0xcaa86F5888Bbb15504Ec0AE8033633F2d5c88B06 -> EMA 0x7c458879de0550A69B4c4AC11070bDC20C712940 -> ETH/USD · Chainlink via defi.money EMA · Base
market 0xA86e8d5ed6F07DAb21C44e55e8576742760a7aFB -> AMM 0x09A00B732C0A9567A088f6433f77211b05D4DBb8 -> aggregate 0x831fBfd6A264aDc1F705903cf843De26e6Aa12dA -> EMA 0x4b1FA377C4CBE86C7b9C8e20A0c1264cc4D666a2 -> cbBTC/USD · Chainlink via defi.money EMA · Base
market 0xdf887F7a76744df87CF8111349657688E73257dc -> AMM 0xC65949105c75d517C6c63d6d96F4837124ccac10 -> aggregate 0x5FAfa61f8c350A2f3fBe31302035643d4Bc20BcA -> EMA 0xBE90D2DB18AeA1AeE86ed478FFd66ee1eFA6D9A4 -> cbETH/USD · Chainlink via defi.money EMA · Base
market 0x72765c346e139eF09d104955dD0bd3d4F45441bF -> AMM 0x9E4bEf7995db8ADD5B6468B5AeFADc90d80cFB76 -> aggregate 0xd85926EfF9A348B24E779baCd80469dEFC06EEEc -> EMA 0x5806220D221AB6171DF4EFF78c0b678e5A45188E -> wstETH/ETH · Chainlink via defi.money EMA · Base
same aggregate serial leg -> EMA 0xC9AfED0E2361ee9AcD525EeB0e31816034CA2F56 -> ETH/USD · Chainlink via defi.money EMA · Base
market 0x3385255E97FBdcA1F94491557211f56B250BD224 -> AMM 0x6b6b69Cc5624Da005A829b8fA20f31AE52A43e09 -> aggregate 0x28a7D232cb52D1214B1229C6493d4afF75bb242E -> EMA 0x6601594474A0f82Dfe05419463c019178E3e2fbc -> AERO/USD · Chainlink via defi.money EMA · Base
market 0xD74A1f6B44395cf8c4833df5Bc965C6C2b567476 -> AMM 0xad7d46ceB08ba5a1A21AFc43e9E2591c842F9057 -> aggregate 0xFD008636Cc1B4544D60A096Ea2D006a2e925846A -> EMA 0x3b54dd4E159e810811C0ba0f7684a56856860b7F -> ETH/USD · Chainlink via defi.money EMA · Optimism
market 0xC82B4C656BA6Aa4A2eF6bfe6b511d206C93b405b -> AMM 0x69B308628D58066Dd21874B43CB790BaE3D0BaFC -> aggregate 0x543BbcC290fE6B2424d79d232D203DC378768666 -> EMA 0x468Ff60cb1AD1b97E84F8A4e22642E740FF1eCa6 -> BTC/USD · Chainlink via defi.money EMA · Optimism
market 0xfC6Ec1F94f2fFCe0f0BcB79592D765abD3E1BAEf -> AMM 0x2eEAb5f076dea85517a53b33f4828c5bb6CE9216 -> aggregate 0x9523974c497FA67D5a33a46Ec74816c95959bd5F -> EMA 0x07cA937A0e78DBbe69d32E6cC7928FAD18dF768B -> wstETH/USD · Chainlink via defi.money EMA · Optimism
market 0x13aa7dBB49d414A321b403EabB1B4231e61C7b29 -> AMM 0xAA948FcF8954E4721B39eaAD32978E804A5A0859 -> aggregate 0x787174E73D2076503b31fB9AF4CF6802f79241dF -> EMA 0xF9aD0A334Bfb2Dbce03910a79509093a1B027dE3 -> OP/USD · Chainlink via defi.money EMA · Optimism
market 0x7e0242FCAA2d4844C6fF0769fac9c9cF5f8DE2d6 -> AMM 0xde18225b337337Bc94bcc7886EF55689C99208f4 -> aggregate 0x2fFb796Cf9da8cDc1204E2ee77b3081f891B01fA -> EMA 0x48C76B7D7d53d5B81D1732e6953aEDd21A76Ec83 -> VELO/USD · Chainlink via defi.money EMA · Optimism

Arbitrum RDNT legacy marketPricing tier: Single-source / laggy
Arbitrum PENDLE marketPricing tier: Single-source / laggy
Base WETH marketPricing tier: Single-source / laggy
Base cbBTC marketPricing tier: Single-source / laggy
Base cbETH marketPricing tier: Single-source / laggy
Base wstETH marketPricing tier: Single-source / laggy
Base AERO marketPricing tier: Single-source / laggy
Optimism WETH marketPricing tier: Single-source / laggy
Optimism WBTC marketPricing tier: Single-source / laggy
Optimism wstETH marketPricing tier: Single-source / laggy
Optimism OP marketPricing tier: Single-source / laggy
Optimism VELO marketPricing tier: Single-source / laggy

Arbitrum WETH market

WETH · Debt 1,108.263551 MONEY; ceiling 5,000,000 MONEY; loan discount 7%; liquidation discount 4%; A=72; 8 open loans. Maximum LTV varies with selected LLAMMA band count.

No Stability Pool, auction, or insurance backstop; the AMM's converted MONEY offsets debt and the external liquidator must burn the remaining debt.

Arbitrum WBTC market

WBTC · Debt 0.713392 MONEY; ceiling 4,000,000 MONEY; loan discount 7%; liquidation discount 4%; A=89; 6 open loans. Maximum LTV varies with LLAMMA band count.

No Stability Pool, auction, or insurance; AMM conversion plus liquidator-funded burn settles debt.

One live path only. Sequencer downtime uses the aggregate cache through the 1,800-second recovery grace; upstream revert/zero fails closed, but positive stale rounds have no enforced age bound.

Emergency pause preserves close/liquidate. No residual-debt redistribution or insurer is implemented.

Arbitrum ARB market

ARB · Debt 0.001174 MONEY; ceiling 1,000,000 MONEY; loan discount 12%; liquidation discount 9%; A=30; 2 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance; AMM conversion and liquidator burn settle debt.

Single path; sequencer-only cached price, otherwise fail-closed on revert/zero and no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution or insurer.

Arbitrum wstETH market

wstETH · Zero debt and zero open loans, but callable with 1,500,000 MONEY ceiling; loan discount 13%; liquidation discount 10%; A=72; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Both serial legs must succeed; there is no alternate path. Sequencer downtime uses cache; positive stale rounds are accepted without age bounds.

Pause preserves close/liquidate; no residual-debt redistribution or insurer.

Arbitrum GMX market

GMX · Zero debt/loans; callable 1,000,000 MONEY ceiling; loan discount 17%; liquidation discount 14%; A=60; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Arbitrum RDNT legacy market

RDNT · Zero debt, zero loans, and zero debt ceiling: new debt is disabled. Retained as a deployed legacy branch. Loan discount 19%; liquidation discount 16%; A=20.

Immediate LLAMMA liquidation remains deployed; third-party callers require negative health, while the borrower may self-liquidate without that gate. No current loans exist. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Zero ceiling blocks new borrowing; pause preserves close/liquidate; no residual-debt redistribution.

Arbitrum PENDLE market

PENDLE · Zero debt/loans; callable 1,000,000 MONEY ceiling; loan discount 19%; liquidation discount 16%; A=20; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Base WETH market

WETH · Debt 12.894532 MONEY; ceiling 5,000,000 MONEY; loan discount 16%; liquidation discount 13%; A=90; 11 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance; liquidator burns net MONEY.

Single path; Base sequencer downtime uses aggregate cache through the 1,800-second recovery grace. Revert/zero fails closed; positive stale rounds are accepted.

Pause preserves close/liquidate; no residual-debt redistribution.

Base cbBTC market

cbBTC · Debt 270.450859 MONEY; ceiling 5,000,000 MONEY; loan discount 7%; liquidation discount 4%; A=70; 1 open loan; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Base cbETH market

cbETH · Debt 69.728162 MONEY; ceiling 2,500,000 MONEY; loan discount 15%; liquidation discount 12%; A=70; 1 open loan; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Base wstETH market

wstETH · Zero debt/loans; callable 2,500,000 MONEY ceiling; loan discount 13%; liquidation discount 10%; A=65; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Both serial legs must succeed; no alternate path. Sequencer cache only; positive stale rounds accepted.

Pause preserves close/liquidate; no residual-debt redistribution.

Base AERO market

AERO · Zero current debt, 1 enumerated loan, callable 1,000,000 MONEY ceiling; loan discount 42%; liquidation discount 39%; A=7; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism WETH market

WETH · Debt 0.643541 MONEY; ceiling 1,750,000 MONEY; loan discount 7%; liquidation discount 4%; A=72; 2 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; Optimism sequencer downtime uses aggregate cache through the 1,800-second recovery grace; positive stale rounds have no enforced bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism WBTC market

WBTC · Debt 93.618282 MONEY; ceiling 750,000 MONEY; loan discount 7%; liquidation discount 4%; A=89; 3 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism wstETH market

wstETH · Debt 442.761131 MONEY; ceiling 1,000,000 MONEY; loan discount 7%; liquidation discount 4%; A=72; 2 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism OP market

OP · Debt 103.364896 MONEY; ceiling 500,000 MONEY; loan discount 15%; liquidation discount 12%; A=40; 3 open loans; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Optimism VELO market

VELO · Debt 3.311716 MONEY; ceiling 200,000 MONEY; loan discount 21%; liquidation discount 18%; A=30; 1 open loan; band-dependent maximum LTV.

Immediate full or partial LLAMMA liquidation; third-party callers require negative health, while the borrower may self-liquidate without that gate. · liquidation delay None

No Stability Pool, auction, or insurance.

Single path; sequencer cache only, fail-closed on revert/zero, no positive-round staleness bound.

Pause preserves close/liquidate; no residual-debt redistribution.

Review notes & sources (28)

Arbitrum WETH market: Debt-bearing WETH market 0xe38F...C43E under controller 0x1337...62CD; one Chainlink ETH/USD EMA path.
Arbitrum WBTC market: Debt-bearing WBTC market 0xB745...e5f9; one Chainlink BTC/USD EMA path.
Arbitrum ARB market: Debt-bearing ARB market 0xEC70...F9D1; one Chainlink ARB/USD EMA path.
Arbitrum wstETH market: Callable zero-debt wstETH market 0xE927...DD1; serial wstETH/ETH and ETH/USD Chainlink EMA legs, not redundant failover.
Arbitrum GMX market: Callable zero-debt GMX market 0xa8ED...f790; one Chainlink GMX/USD EMA path.
Arbitrum RDNT legacy market: Registered zero-ceiling, zero-debt RDNT disabled market 0xE304...4378; borrowing is unavailable while the ceiling is zero, but the branch remains explicit and uses one Chainlink RDNT/USD EMA path.
Arbitrum PENDLE market: Callable zero-debt PENDLE market 0xFF75...592; one Chainlink PENDLE/USD EMA path.
Base WETH market: Debt-bearing WETH market 0xA929...D2cE; one Chainlink ETH/USD EMA path.
Base cbBTC market: Debt-bearing cbBTC market 0xA86e...7aFB; one Chainlink cbBTC/USD EMA path.
Base cbETH market: Debt-bearing cbETH market 0xdf88...57dc; one Chainlink cbETH/USD EMA path.
Base wstETH market: Callable zero-debt wstETH market 0x7276...41bF; serial wstETH/ETH and ETH/USD Chainlink EMA legs.
Base AERO market: Callable AERO market 0x3385...D224 with one zero-debt loan slot and a Chainlink AERO/USD EMA path.
Optimism WETH market: Debt-bearing WETH market 0xD74A...7476; one Chainlink ETH/USD EMA path.
Optimism WBTC market: Debt-bearing WBTC market 0xC82B...405b; one Chainlink BTC/USD EMA path.
Optimism wstETH market: Debt-bearing wstETH market 0xfC6E...BAEf; one Chainlink wstETH/USD EMA path.
Optimism OP market: Debt-bearing OP market 0x13aa...7b29; one Chainlink OP/USD EMA path.
Optimism VELO market: Debt-bearing VELO market 0x7e02...E2d6; one Chainlink VELO/USD EMA path.

Reviewed 2026-07-14

MONEY

All validator network

3 routes on 3 chains, all external validator network. 3 third-party (100%).

Confidence: Verified

Routes by chain (3)

Equal widths, supply split unavailable

Review notes & sources (5)

Reviewed 2026-08-17

MONEY

Possible

Sourced review

Power and scope

PowerPossible

ScopeCanonical · PermissionlessBridged · Permissionless×2

Reviewed deployments (3)

ArbitrumCanonical · Permissionless
BaseBridged · Permissionless
OptimismBridged · Permissionless

Transfer posture reviewed 2026-07-20.

Review notes & sources (6)

Reviewed 2026-10-19

MONEY

No public auth found

GENIUS (US): None foundPathway unresolved

Issuer disclosures: Not recorded

MONEY has no public GENIUS authorization on record.

Review notes & sources (11)

GENIUS review notes

Reviewed 2026-10-07

defi.money (MONEY)

The defi.money Stablecoin

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Base cbETH market

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defi.money (MONEY)

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Arbitrum WBTC market

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Arbitrum GMX market

Arbitrum RDNT legacy market

Arbitrum PENDLE market

Base WETH market

Base cbBTC market

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