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Information TVL Borrowed

Palmy Finance

Total Value Locked$84,461

TVL by Chain

Oasys$69,252

borrowed$15,209

Key Metrics

Borrowed$15,209

Palmy Finance

Total Value Locked$84,461

TVL by Chain

Oasys$69,252

borrowed$15,209

TVL

Key Metrics

Borrowed$15,209

Protocol Information

Palmy Finance is the first lending protocol backed by Oasys Network.

Category:Lending

Audits:

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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.