Lockless Protocol (-ESS)

Total Value Locked$5,692
Chain Breakdown
Kava$5,692
Echelon$0
$315,705
$2,296
USDKAVA

Protocol Information

Lockless Protocol provides Liquid Staking services for Assets that have medium to long-term lockup period via its SW-Tokens, unlocking the potential of such locked assets by leveraging DeFi opportunities to earn a yield without compromising on the opportunity cost of locking the asset.

Category:Liquid Staking

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Methodology

TVL: Any & Each 1 SW-Token can only ever be minted by permanent locking of 1 Native token. Hence, the totalSupply() method is used to aggregate the amounts of underlying assets, with their prices fed by the DefiLlama SDK.

TVL

Competitors

Kava Liquid($20.47m)Lido($16.968b)Binance staked ETH($3.725b)Jito($1.976b)Infrared Finance($1.648b)Rocket Pool($1.278b)Binance Staked SOL($950.01m)Sanctum Validator LSTs($890.51m)mETH Protocol($701.94m)Marinade Liquid Staking($590.74m)