LINE Token (LINE)

Total Value Locked$41,301
Chain Breakdown
Kava$41,301
Include in TVL (optional)
$3,353
Staked$3,353
USDKAVA

Protocol Information

LINE is a price-protected token. It is issued by borrowing against locking a collateral. If the token's price on DEXes grows after borrowing, the user will be able to sell it for profit. If it falls, the user will be able to repay the loan and get their collateral back (less fees). This is what ensures price protection.

Category:CDP

Website Twitter

Token Information

Address:0x31f8d3...6214f6

Methodology

TVL: The TVL is calculated as USD value of the collateral locked for issuing LINE tokens, staked LP tokens of incentivized pools, and the balances of pending orders on the options market.

TVL

Competitors

Kava Mint($51.28m)Abracadabra Spell($31.76m)mirrosset($1.35)Sky Lending($6.452b)Avalon USDa($442.15m)Beraborrow($347.98m)lisUSD($344.88m)USDD($326.7m)crvUSD($162.59m)Liquity V1($156.54m)