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Information TVL

Palmy Finance

Total Value Locked$211,693

TVL by Chain

Oasys$211,693

Key Metrics

Borrowed$34,145

Palmy Finance

Total Value Locked$211,693

TVL by Chain

Oasys$211,693

TVL

Key Metrics

Borrowed$34,145

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.