InformationTVL

Klap (KLAP)

Total Value Locked$173.14

TVL by Chain

Kaia$173.14

Key Metrics

$KLAP Price< $0.0001

Borrowed$0

Protocol Information

KLAP (Klaytn Lending Application) is the leading money market on Klaytn.

Category:Lending

Audits:

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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

Avalon Finance ($31.37m)BiFi ($14.29m)Shoebill V2 ($1.82m)Mesher ($603,995)KlayBank ($74,000)Rhombus Protocol ($35,322)Qubit ($30,225)Shoebill V1 ($7,747)