CDPs · Alternatives
The best Sigma Money alternatives in 2026
Sigma Money is a BNB Chain DeFi protocol that splits yield-bearing assets into a stable tranche and a leveraged volatile tranche. If Sigma Money is not the right fit, these 12 reviewed CDPs options are the closest matches, ranked by DappsAtlas score. Read our full Sigma Money review
At a glance
Sigma Money vs the alternatives
| dApp | Score | TVL | Chains |
|---|---|---|---|
| Score 5.5 out of 10 | $949K | 1 | |
| Score 6.7 out of 10 | $1.61M | 8 | |
| Score 7.0 out of 10 | $89.8M | 17 | |
| Score 6.8 out of 10 | $75.0M | 12 | |
| Score 6.0 out of 10 | $4.47M | 8 | |
| Score 6.8 out of 10 | $10.3M | 8 | |
| Score 7.4 out of 10 | $113M | 1 | |
| Score 7.8 out of 10 | $87.5M | 1 | |
| Score 7.8 out of 10 | $59.6M | 1 | |
| Sky | Score 7.8 out of 10 | — | — |
| Score 7.4 out of 10 | $157M | 1 | |
| Liquity | Score 7.2 out of 10 | — | 1 |
| Score 6.8 out of 10 | $21.3M | 1 |
Ranked
Top Sigma Money alternatives
- 1
Angle
CDPs · Ethereum, Arbitrum, Polygon +5
Angle is an over-collateralized stablecoin protocol that mints the euro stablecoin agEUR, offers perpetuals and borrowing, and lets users earn yield. It is a niche, small-TVL protocol that suits users who want euro-denominated DeFi and accept smart-contract risk.
ScoreScore 6.7 out of 10TVL $1.61M−6.5% - 2
Reservoir Protocol
CDPs · Monad, Ethereum, Plasma +14
Reservoir is a stablecoin protocol built around the rUSD stablecoin, with yield-bearing versions srUSD and trUSD, and about $69.7 million in TVL. It is multichain and relies partly on real-world assets, so reserve and counterparty details deserve a close read.
ScoreScore 7.0 out of 10TVL $89.8M+20.3% - 3
River Omni-CDP
CDPs · BNB Chain, BSquared, Ethereum +9
River is a multi-chain stablecoin protocol that lets users post collateral on one chain and mint the satUSD stablecoin without bridging. DefiLlama shows about $79 million in TVL, but fee and risk details are not published.
ScoreScore 6.8 out of 10TVL $75.0M−1.7% - 4
Abracadabra Spell
CDPs · Ethereum, Arbitrum, BNB Chain +5
Abracadabra lets users deposit collateral and borrow its MIM stablecoin, with the SPELL token tied to the ecosystem. It runs on eight chains, but its TVL is modest and the smart-contract and peg risks are real.
ScoreScore 6.0 out of 10TVL $4.47M−0.9% - 5
BIMA CDP
CDPs · Bitcoin, Ethereum, Hemi +5
Bima is a Bitcoin-backed credit protocol that began with minting the USBD stablecoin and now promotes collar loans that let holders borrow against BTC without selling it. Terms are fixed upfront with no margin calls, but the model relies on custodians and option counterparties.
ScoreScore 6.8 out of 10TVL $10.3M−1.0% - 6
crvUSD
CDPs · Ethereum
crvUSD is Curve's overcollateralized, dollar-pegged stablecoin, minted against crypto collateral on Ethereum. It holds about $127 million in TVL and uses a distinctive soft-liquidation design.
ScoreScore 7.4 out of 10TVL $113M−10.2% - 7
Liquity V2
CDPs · Ethereum
Liquity V2 is an immutable, over-collateralized borrowing protocol on Ethereum where users set their own interest rate and mint the BOLD stablecoin against ETH or staked ETH. Its main strengths are user-controlled rates and no admin keys, while the trade-offs are frontend choice and liquidation risk.
ScoreScore 7.8 out of 10TVL $87.5M+1.1% - 8
Frankencoin
CDPs · Ethereum
Frankencoin is an over-collateralized, oracle-free stablecoin pegged to the Swiss franc (ZCHF), running on Ethereum with DefiLlama TVL near 60 million dollars. It suits users who want on-chain Swiss franc exposure, but it is a niche asset with smart-contract and equity-reserve risk.
ScoreScore 7.8 out of 10TVL $59.6M+3.5% - 9
Sky
CDPs
Sky is the 2024 rebrand of MakerDAO, a DeFi protocol that issues the USDS and DAI stablecoins and is governed by SKY token holders. It has a long record in DeFi, but its stablecoins carry smart-contract and governance risk.
ScoreScore 7.8 out of 10TVL — - 10
Liquity V1
CDPs · Ethereum
Liquity V1 is an immutable Ethereum borrowing protocol that lets users take 0% interest loans against ETH. It holds roughly $170M in TVL, but the project's focus has moved to V2.
ScoreScore 7.4 out of 10TVL $157M+0.5% - 11
Liquity
CDPs · Ethereum
Liquity is an Ethereum lending protocol where users lock ETH to borrow a dollar-pegged stablecoin, with V1 offering interest-free loans and V2 adding the BOLD stablecoin. Its main appeal is a minimal, immutable design; the main risk is liquidation if collateral falls.
ScoreScore 7.2 out of 10TVL — - 12
Felix CDP
CDPs · Hyperliquid L1
Felix is a synthetic dollar protocol on Hyperliquid that issues the feUSD stablecoin against collateral. It has also expanded into lending and perpetual futures, but fee details and team information are not published on the pages reviewed.
ScoreScore 6.8 out of 10TVL $21.3M−20.9%