CDP
Indigo
Total TVL
$4.40M
Active pools
0
Chains supported
1
Official site: https://app.indigoprotocol.io/ ↗
Overview
Indigo is a collateralized debt position (CDP) protocol that enables users to generate stablecoins by overcollateralizing assets. Participants can lock in value and receive liquidity, with the system ensuring stability through automatic liquidation mechanisms when collateral ratios fall below predefined thresholds.
The protocol holds $6.7M in TVL across 4 active pools on a single chain, Cardano, which accounts for 100% of its footprint. This concentration implies a high risk exposure to Cardano's performance and security. Indigo has an official website, indicating a public presence.
Indigo has undergone 1 audit, reflecting a cautious approach to code review. The market cap stands at $2.7M, which is significantly lower than the TVL, suggesting that the token value does not fully reflect the protocol’s asset under management.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Cardano | $4.40M |
TVL history
FAQ
› What is Indigo?
Indigo is a decentralized non-custodial synthetic assets protocol built for Cardano
› How much TVL does Indigo have?
Indigo has $4.40M in total value locked across all supported chains as of the last refresh.
› How many active pools does Indigo have?
We currently track 0 active pools for Indigo.
› Is Indigo audited?
DefiLlama lists 1 audit for Indigo. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.