Skip to main content
Login | Sign up
  • Tokens
  • Mars Protocol (MARS)

    7/11/2025 00:00 UTC

    $0.036

    0.00%

    Price Chart

    1D
    7D
    30D
    90D
    ALL

    Mars Protocol News

    Loading...

    Frequently Asked Questions

    • Lending and Borrowing

      Mars Protocol allows users to lend and borrow crypto assets with high capital efficiency. It uses a unique Credit Account system that lets users borrow without needing to be lenders themselves, unlocking more borrowing demand and better yields.

      Trading and Yield Farming

      Users can trade spot, margin, and perpetual contracts, and engage in leveraged yield farming. The protocol supports advanced strategies like delta-neutral farming and leveraged trades, all fully on-chain.

      Staking and Governance

      MARS token holders can stake their tokens to secure the network, earn protocol fees, and participate in governance decisions that shape the protocol’s future.

      Copy Trading and Vaults

      Mars Protocol offers Copy-Trading Vaults where users can follow expert traders or create vault strategies to share profits, making advanced DeFi strategies accessible to everyone.

      Cross-Chain and NFT Features

      The protocol operates across multiple blockchains in the Cosmos ecosystem and uses NFTs called Rovers to represent credit accounts, enabling flexible and transferable trading and farming positions.

      Capital Efficiency and Innovation

      Mars Protocol’s design focuses on maximizing capital efficiency by combining multiple positions into single credit accounts with one liquidation point, improving user experience and unlocking new DeFi use cases.

      Last Updated: 6/18/2025 02:06 UTC
    • Pros

      • Mars Protocol offers advanced DeFi features like lending, borrowing, spot, margin, and perpetual trading with up to 10x leverage.
      • It provides real-time settlements in USDC and deep liquidity for smooth trading across many assets.
      • The protocol uses a unique hub and outpost system, allowing it to operate across multiple Cosmos chains.
      • Users can execute complex strategies such as delta-neutral farming, leveraged yield farming, and copy-trading vaults.
      • Mars Protocol is fully on-chain, offering transparency and flexibility with tokenized strategies.
      • It supports community governance through the Martian Council, where MARS token holders influence decisions.
      • The system includes a single liquidation point for all positions, simplifying risk management.

      Cons

      • The protocol is relatively new and evolving, which may mean some features are still being improved or launched.
      • Trading with leverage and advanced strategies can be complex for beginners.
      • Market price and trading volume of MARS tokens can be volatile, with recent price fluctuations noted.
      • Being part of the Cosmos ecosystem, it depends on the adoption and performance of interconnected chains.

      For more details, visit the official site: marsprotocol.io

      Last Updated: 6/18/2025 02:06 UTC
    • Founders

      Mars Protocol is developed by a joint venture among Delphi Labs, IDEO CoLab Ventures, and Terraform Labs. Specific individual founders' names are not publicly detailed.

      Development and Governance

      The protocol is community-governed and open-source, with contributions and updates managed through on-chain governance by MARS token stakers.

      For more details, visit the official site: marsprotocol.io

      Last Updated: 6/18/2025 02:06 UTC
    • Investors in Mars Protocol

      • Mars Protocol is developed by a joint venture among Delphi Labs, IDEO CoLab Ventures, and Terraform Labs.
      • There are no formal institutional or angel funding rounds reported yet.
      • Early investors include contributors who received over 10 million MARS tokens.
      • Liquidity providers for MARS/UST trading on AMM Astroport also receive rewards, supporting the protocol's growth.
      • The project is community-governed, with token holders participating in decisions through on-chain governance.

      For more details, visit the official site: marsprotocol.io

      Last Updated: 6/18/2025 02:06 UTC
    • Halal Status of Mars Protocol

      • Mars Protocol is a decentralized finance (DeFi) platform focused on lending, borrowing, and trading on the blockchain.
      • There is no specific halal certification or clear religious ruling publicly available about Mars Protocol.
      • Since it involves financial activities like lending and trading, halal status depends on how these activities align with Islamic finance principles, which vary by interpretation.
      • No direct source confirms Mars Protocol as halal or haram.

      Answer: No clear yes or no can be given based on available public information.

      Last Updated: 6/18/2025 02:06 UTC

    Description

    #1647

    Mars Protocol is a decentralized finance platform that consists of three components: Hub, Red Bank, and Rover1. Hub is an application-specific blockchain that hosts the protocol governance, the safety fund, and manages the distribution of protocol revenue.

    Sector: Lending
    Blockchain: Cosmos

    Market Data

    Rank: 1647
    Volume: 14K
    Marketcap: 9.6M
    Fully Diluted Value: 36M
    Circulating Supply: 27%