Lenen (LEN)

Total Value Locked$594,303
Chain Breakdown
Vision$594,303
Include in TVL (optional)
$107,887
$107,887
USDVS

Protocol Information

A Decentralized Lending Platform. Supply, Borrow & Earn Anytime.

Category:Lending

Forked from:Compound V3

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Token Information

Address:VFt1Yjfx...

View on Visionscan

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.. TVL is calculated by getting the market addresses from comptroller and calling the totalsCollaterals() on-chain method to get the amount of tokens locked in each of these addresses, then we get the price of each token from coingecko.

TVL

Competitors

AAVE V3($17.692b)JustLend($3.65b)Morpho Blue($2.561b)SparkLend($1.995b)Kamino Lend($1.802b)Compound V3($1.753b)Venus Core Pool($1.628b)Fluid Lending($759.92m)Euler V2($667.21m)Avalon Finance($637.29m)