PhoLend

Total Value Locked$473.14
Chain Breakdown
CrossFi$473.14
Include in TVL (optional)
$3.18
$3.18
USDXFI

Protocol Information

PhoLend is a decentralized lending platform that provides an environment for lenders and borrowers. Its open-source design supports community-driven improvements, fostering innovation and collaboration in DeFi

Category:Lending

Forked from:AAVE V2

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Methodology

TVL: Measures the total value locked (TVL) in the PhoLend protocol on CrossFi chain: - TVL: Available liquidity in the lending pool per asset (from Protocol Data Provider) - Borrows: Sum of stable and variable debt token balances - Net TVL: Total deposits minus total borrows Data is fetched from: - Protocol Data Provider for TVL - Direct debt token balances for borrows Supported assets: - XFI (Native CrossFi token, 18 decimals) - WETH (from Base, 18 decimals) - USDC (from Base, 6 decimals) - USDT (from Arbitrum, 6 decimals) - WBTC (from Arbitrum, 8 decimals) The protocol uses AAVE v2 style lending where: - TVL is tracked through Protocol Data Provider - Borrows are tracked through stableDebtTokens and variableDebtTokens - Asset prices are provided by DIA Oracle - Liquidation thresholds and loan-to-value ratios are set per asset

TVL

Competitors

AAVE V3($16.797b)JustLend($3.467b)Morpho Blue($2.618b)SparkLend($1.976b)Compound V3($1.639b)Venus Core Pool($1.567b)Kamino Lend($1.538b)Fluid Lending($734.21m)Avalon Finance($726.87m)Dolomite($605.73m)