Palmy Finance

Total Value Locked$212,450
Chain Breakdown
Oasys$212,450
Include in TVL (optional)
$20,173
$20,173
USDOAS

Protocol Information

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

Category:Lending

Forked from:AAVE V2

Audits:
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Development Activity

(updated at 29/11/24)

Weekly commits: 7
Monthly commits: 10
Weekly developers: 2
Monthly developers: 2

Last commit: 4 months ago (2024-11-29)

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.

TVL

Competitors

AAVE V3($17.162b)JustLend($3.571b)Morpho Blue($2.508b)SparkLend($1.978b)Compound V3($1.636b)Kamino Lend($1.623b)Venus Core Pool($1.565b)Fluid Lending($675.38m)Avalon Finance($668.53m)Euler V2($606.88m)