Phiat Protocol (PHIAT)

Total Value Locked151.089b PLS
Chain Breakdown
PulseChain151.089b PLS
Include in TVL (optional)
31.257b PLS
19.825b PLS
553.95 PLS
Fully Diluted Valuation28.282b PLS
18.75m PLS
Staked19.825b PLS
31.257b PLS
USDPLS

Protocol Information

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

Category:Lending

Forked from:AAVE V2

Audits:
Website Twitter

Last tweet: 3 months ago (2025-01-15)

Token Information

Address:0x96e035...a45db1

View on CoinGecko View on PulseChain Scan

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(677.792t PLS)JustLend(143.449t PLS)Morpho Blue(99.278t PLS)SparkLend(75.983t PLS)Kamino Lend(66.891t PLS)Compound V3(66.785t PLS)Venus Core Pool(61.664t PLS)Fluid Lending(28.516t PLS)Avalon Finance(25.979t PLS)Euler V2(25.352t PLS)