InformationTVL

Avalon USDaLend

Total Value Locked$1.23m

TVL by Chain

IoTeX$722,691

Taiko$501,349

Sonic$2,621

Sei$2,027

Corn$1,049

Zircuit$4.05

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Key Metrics

Borrowed$2,146

Protocol Information

USDaLend is a stable rate lending protocol powered by USDa credit line

Category:Lending

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Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHub

Competitors

Avalon Finance ($40.8m)Morpho Blue ($5.85b)ZeroLend ($61.67m)AAVE V3 ($34.094b)Euler V2 ($1.086b)YeiLend ($275.68m)Silo V2 ($223.41m)Takara Lend ($101.47m)LayerBank ($41.27m)Folks Finance xChain ($19.86m)