Phiat Protocol (PHIAT)

Total Value Locked$3.97m
Chain Breakdown
PulseChain$3.97m
Include in TVL (optional)
$804,025
$517,613
$0.015
Fully Diluted Valuation$753,164
$524.44
Staked$517,613
$804,025
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:
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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($17.67b)JustLend($3.661b)Morpho Blue($2.572b)SparkLend($2.001b)Kamino Lend($1.793b)Compound V3($1.725b)Venus Core Pool($1.592b)Fluid Lending($759.34m)Avalon Finance($670.38m)Euler V2($661.25m)