InformationTVLBorrowed

KnightSwap Lending (KNIGHT)

Total Value Locked$12,422

TVL by Chain

BSC$12,422

Key Metrics

Borrowed$69,570

Protocol Information

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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

Aave V3 ($32.825b)Morpho V1 ($6.122b)Venus Core Pool ($1.537b)Euler V2 ($1.04b)Lista Lending ($802.15m)Gearbox ($134.84m)TermMax ($34.77m)Folks Finance xChain ($21.64m)Alpaca Finance 2.0 ($15.93m)Native Credit Pool ($14.92m)