Colend Protocol

Total Value Locked$150.86m
Chain Breakdown
CORE$150.86m
Include in TVL (optional)
$21.22m
$21.22m
USDCORE

Protocol Information

Colend is a decentralized protocol that enables individuals to lend and borrow directly on the Core blockchain. It aims to advance the concept of Bitcoin-Fi.

Category:Lending

Forked from:AAVE V3

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Development Activity

(updated at 01/12/24)

Weekly commits: 2
Monthly commits: 26
Weekly developers: 1
Monthly developers: 1

Last commit: 4 months ago (2024-12-01)

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.

TVL

Competitors

Avalon Finance($722.54m)Sumer.money($67.2m)Segment Finance($5.18m)Aquarius Loan($90,542)Dorian($65.44)AAVE V3($17.081b)JustLend($3.864b)Morpho Blue($2.819b)SparkLend($2.192b)Compound V3($1.715b)