Contango
TANGODecentralized leveraged trading with low funding rates
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.70% | 7.39% | 139.21% | 94.26% | 39.97% | 43.46% |
Revenue & Burn
Protocol income
$585.44Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $585.44 | -- | -- | -- |
| Oct 2026 | $1.19K | -- | -- | -- |
| Sep 2026 | $1.39K | -- | -- | -- |
| Aug 2026 | $1.15K | -- | -- | -- |
| Jul 2026 | $833.06 | -- | -- | -- |
| Jun 2026 | $596.78 | -- | -- | -- |
Comparison
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x4577...3190 | TANGO | 416,000,770.8 | 41.6% | $1.8M |
| 0x0076...756b | TANGO | 127,460,112.3 | 12.75% | $553.43K |
| 0x467d...b725 | TANGO | 114,665,954.86 | 11.47% | $497.88K |
Follow Updates
Follow Lists
People
About Contango
Contango is a fixed-maturity lending protocol on Arbitrum and Ethereum whose V2 wraps yield-bearing assets into dated lending markets: lenders lock funds at the start of a term and earn a fixed rate for its duration, while borrowers return principal plus interest at maturity. It addresses the pain that DeFi lending rates float with utilization, leaving lenders unable to predict returns or plan cash flows. The mechanism works like an on-chain certificate of deposit: markets settle at expiry at the agreed rate, and 100% of trading fees are distributed to TANGO stakers, with the protocol retaining no revenue.
In the fixed-income corner of DeFi, Contango divides labor with floating-rate protocols such as Aave and Compound, serving lenders who want deterministic yields rather than continuously available liquidity. DefiLlama data show Contango V2 protocol revenue of 17,100 dollars in the second quarter of 2026, down about 30% quarter over quarter and about 93% year over year; in early October TANGO's market cap was roughly 1.06 million dollars at about 0.0023 dollars per token, down about 98% from its 0.1182-dollar high, with circulating supply around 457 million of 1 billion tokens, indicating heavily contracted usage.
Revenue: DefiLlama data shows Contango V2 gross protocol revenue of $17,110 in Q2 2026, down about 30% from $24,580 in Q1 and down about 93% year-over-year from $237,040; trading fees are 100% distributed to stakers.
Market: In early October the token's market cap was about $1.06 million with a price near $0.0023, down roughly 98% from the all-time high of $0.1182. Circulating supply of 456.73 million tokens is about 46% of the 1 billion total.
Kamel Aouane — Co-founder & CEO; consulting background; steers Contango's vision, innovation and growth.
Bruno Bonanno — Co-founder; previously at CME Group and Visa; graduate of Argentina's National University of Science and Technology.
Egill Hreinsson — Co-founder; extensive background in development and decentralized systems; drives the protocol's engineering.
Contango charges 0.05% (5 bps) on any change in position size for correlated pairs when trading through its app, including take-profit and stop-loss orders.
Contango charges 0.25% (25 bps) on any change in position size for non-correlated pairs such as ETH/USDC, with fee discounts applied according to each user's XP tier.