Skip to content

DappsAtlas index · 14,224 dApps

DappsAtlas
Argo logo

CDPs · Review

Argo Review 2026: Aptos Lending for USDA

Argo is an Aptos lending protocol described as allowing users to provide collateral to mint or borrow the dollar-pegged stablecoin USDA. Its core use is identifiable, but key operating and risk details are not published.

By the DappsAtlas editorial team · Updated

DappsAtlas score

—/10

Not rated

Our verdict on Argo

Argo's stated model is straightforward: users on Aptos provide collateral to mint or borrow USDA. That may interest users seeking a collateral-backed route to a dollar-pegged asset. The main caveat is the lack of published detail on collateral, fees, liquidation rules, USDA's peg mechanism, and the listed audits. Confirm that the protocol is operating and review its current terms before connecting a wallet or supplying funds.

Score breakdown

How Argo scores

Security
n/a
Ease of use
n/a
Fees
n/a
Features
n/a

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Argo?

Argo is an Aptos lending protocol described as letting users provide collateral to mint or borrow USDA, a dollar-pegged stablecoin. Public sources do not specify supported collateral, borrowing limits, or how USDA maintains its peg.

How Argo works

Argo is described as a collateralized lending protocol on Aptos. A user provides collateral to mint or borrow USDA, a stablecoin intended to track the US dollar.

2 features

Key features

01

Aptos lending

Argo is described as a lending protocol deployed on Aptos.

02

USDA borrowing

Users can provide collateral to mint or borrow USDA, described as dollar-pegged.

Pros and cons

What we like

  • Its stated purpose and target chain are clear.
  • The protocol offers a collateral-based way to mint or borrow USDA.
  • Two audits are listed, although their details are not published.

Watch out for

  • Argo has not published which assets can be used as collateral or the parameters for borrowing.
  • Fees and liquidation rules are not published.
  • The details of the two listed audits, including their scope and dates, are not published.
  • A current official interface and the protocol's operating status are not established.

Argo fees

Argo's fees are not published. Check the protocol interface and documentation for any borrowing, minting, or other charges before transacting.

Is Argo safe?

Argo has two audits listed, but the auditors, audit reports, scope, and dates are not published. Public sources do not explain custody arrangements, collateral management, or liquidation safeguards. Smart-contract and collateral risks remain, and Argo's regulatory status and current operating status are not established.

4 steps

How to get started with Argo

  1. 1

    Confirm that you have found Argo's official Aptos interface and that it is currently operating.

  2. 2

    Check which collateral assets are supported and read the current borrowing, fee, and liquidation terms.

  3. 3

    Connect an Aptos wallet only if the interface and its connection request are legitimate.

  4. 4

    If the terms are clear and acceptable, provide collateral and follow the interface's instructions to mint or borrow USDA.

Who Argo is for

Argo may interest Aptos users looking for a collateral-backed way to mint or borrow USDA. It is a poor fit for anyone who needs clearly published collateral requirements, fees, liquidation rules, or audit documentation before using a lending protocol.

Argo FAQs

What is Argo?

Argo is described as an Aptos lending protocol that uses collateral to support minting or borrowing USDA, a dollar-pegged stablecoin. The collateral types and borrowing terms are not published.

What is USDA?

USDA is described as a dollar-pegged stablecoin that users can mint or borrow through Argo. The mechanism for maintaining its peg is not published.

What are Argo's fees and borrowing risks?

Argo's fees, collateral requirements, and liquidation rules are not published. Check the protocol interface and its documentation for current terms before considering a transaction.

Compare

Argo alternatives

All alternatives
crvUSD logo

crvUSD

CDPs

Score 7.4 out of 10

crvUSD is Curve Finance's overcollateralized, USD-pegged CDP stablecoin on Ethereum, minted against crypto collateral by DeFi borrowers.

TVL $113M−10.2%Ethereum
Liquity V2 logoScore 7.8 out of 10

Liquity V2 is an immutable Ethereum borrowing protocol where users set their own interest rate and mint the BOLD stablecoin against ETH, wstETH or rETH.

TVL $87.5M+1.1%Ethereum
Frankencoin logoScore 7.8 out of 10

Frankencoin is an over-collateralized, oracle-free Swiss franc stablecoin (ZCHF) on Ethereum for borrowing, saving and payments.

TVL $59.6M+3.5%Ethereum
Liquity V1 logoScore 7.4 out of 10

Liquity V1 is an immutable Ethereum protocol offering 0% interest LUSD loans against ETH collateral, for DeFi users comfortable with liquidation risk.

TVL $157M+0.5%Ethereum
Indigo logo

Indigo

CDPs

Score 6.5 out of 10

Indigo is a non-custodial synthetic assets protocol on Cardano for minting iUSD and iBTC against collateral, aimed at Cardano DeFi users.

TVL $3.12M−4.6%Cardano
Sky Lending logoNot rated yet

Sky Lending is the borrowing and savings side of the Sky ecosystem on Ethereum, built on the USDS stablecoin, the upgraded version of DAI.

TVL $4.21B−16.2%Ethereum

Same category

More CDPs

CDPs rankings

Sky

CDPs

Score 7.8 out of 10

Sky is the rebranded MakerDAO, a DeFi protocol issuing the USDS and DAI stablecoins, governed by SKY token holders, for DeFi users and stablecoin holders.

Score 7.2 out of 10

Liquity is an Ethereum borrowing protocol where ETH holders mint USD stablecoins (LUSD, BOLD) against their collateral, with the LQTY token for incentives.

Ethereum
Reservoir Protocol logoScore 7.0 out of 10

Reservoir Protocol issues the rUSD stablecoin and yield assets srUSD and trUSD across 17 chains, for DeFi users seeking stable yield.

TVL $89.8M+20.3%Monad · Ethereum · Plasma +14
River Omni-CDP logoScore 6.8 out of 10

River Omni-CDP is a multi-chain CDP protocol that issues the satUSD stablecoin against cross-chain collateral without bridging, for experienced DeFi users.

TVL $75.0M−1.7%BNB Chain · BSquared · Ethereum +9
Felix CDP logoScore 6.8 out of 10

Felix is a Hyperliquid protocol that issues the feUSD stablecoin against collateral, with lending and perps for DeFi traders.

TVL $21.3M−20.9%Hyperliquid L1
BIMA CDP logoScore 6.8 out of 10

Bima is a Bitcoin-backed credit protocol offering fixed-term collar loans and the USBD stablecoin for BTC holders who want liquidity without selling.

TVL $10.3M−1.0%Bitcoin · Ethereum · Hemi +5

Same chain

More on Aptos

Aptos rankings
OKX logo

OKX

Centralized Exchanges

Score 8.0 out of 10

OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.

TVL $28.4B+0.1%Ethereum · Bitcoin · X Layer +21
Gate logo

Gate

Centralized Exchanges

Score 7.7 out of 10

Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.

TVL $5.91B−2.6%Ethereum · Bitcoin · BNB Chain +129
Bitget logo

Bitget

Centralized Exchanges

Score 7.6 out of 10

Bitget is a centralized exchange for crypto spot and futures that also offers tokenized stocks, commodities and forex in one account, for active traders.

TVL $5.93B+1.6%Bitcoin · Solana · Ethereum +68
Backpack logo

Backpack

Centralized Exchanges

Score 7.6 out of 10

Backpack is a crypto exchange, US stock broker and self-custody wallet offering perps, lending yield and cross-collateral margin in one app.

TVL $520M−2.4%Solana · Bitcoin · Ethereum +26
Wormhole logo

Wormhole

Cross Chain Bridge

Score 7.6 out of 10

Wormhole is a cross-chain messaging and bridge protocol linking over 40 blockchains, with the W governance token, for DeFi users and multichain developers.

Ethereum · Solana · Cosmos +5
Streamflow logo

Streamflow

Payments

Score 7.4 out of 10

Streamflow is a Solana-focused platform for on-chain token vesting, airdrops, staking and locks, aimed at token teams, DAOs and developers.

TVL $10.5M−4.7%Solana · Aptos · BNB Chain +3

How we checked

Sources

  1. 1.defillama.com/protocol/argo

Last updated . Spotted an error? Tell us and we will correct it.