Phiat Protocol (PHIAT)

Total Value Locked$4.55m
Chain Breakdown
PulseChain$4.55m
Include in TVL (optional)
$1.33m
$565,553
$0.016
Fully Diluted Valuation$784,927
$25.64
Staked$565,553
$1.33m

Protocol Information

An Aave v2 fork on PulseChain with noval design of risk control and governance token staking

Category:Lending

Audits:

Last tweet: 5 months ago (2025-01-15)

Token Information

Address:0x96e035...a45db1

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.