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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

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: Total interest paid by borrowers

Revenue: Protocol's share of interest treasury

Competitors