Elara

Total Value Locked$3.22m
Chain Breakdown
Zircuit$3.22m
Include in TVL (optional)
$679,692
$679,692
$229,982
$57,499

Protocol Information

The first native lending protocol on ZircuitL2, built with cutting-edge modularity. Shaping the future of DeFi with transformative lending innovations.

Category:Lending

Forked from:Compound V2

Audits:

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.

Fees: Interest paid by borrowers

Revenue: Percentage of interest going to treasury