Nolus Protocol (NLS)
Total Value Locked$2.45m
| Nolus | $1.37m |
|---|---|
| Osmosis | $1.03m |
| Neutron | $51,276 |
| Market Cap | $7.64m |
|---|---|
| $0.027 | |
| Fully Diluted Valuation | $23.58m |
| $729,975 | |
| $615,626 |
Protocol Information
Nolus is a semi-permissioned blockchain bridging lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can secure up to 150% financing on their initial investments, and access to the underlying leveraged assets through whitelisted strategies. Inspired by traditional leasing, where one pays a fraction upfront and gains ownership after repayment, Nolus' approach cuts down the DeFi sector's high over-collateralization standards. This boosts capital efficiency and offers borrowers better loan terms.
Category:Lending
Development Activity
(updated at 04/07/24)
Weekly commits: 45
Monthly commits: 45
Weekly developers: 5
Monthly developers: 5
Last commit: 17 hours ago (2024-07-04)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases