InformationTVLBorrowed

IOLEND (IOL)

Total Value Locked$31,033

TVL by Chain

borrowed$16,710

IOTA EVM$14,323

Key Metrics

$IOL Price$0.0005

Borrowed$16,710

Protocol Information

IoLend is the first lending and borrowing protocol on the IOTA EVM. It is designed to aggregate the most attractive yield opportunities on the network

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

Deepr Finance ($1.32m)