InformationTVL

Credit

Total Value Locked$2m

TVL by Chain

World Chain$2m

Protocol Information

Credit is an undercollateralized peer-to-pool lending protocol on World Chain

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

Morpho V1 ($6.061b)Capyfi ($104.86m)PWN ($37,260)Magnify Cash ($157.03)Fisclend Finance ($59.09)