InformationTVLStablecoin Info

Preon Finance (PREON)

Total Value Locked$615,140
Chain Breakdown
Polygon$383,474
Arbitrum$231,666
Base$0
USDPOL

Protocol Information

Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (a USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%

Category:CDP

Audits:
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Methodology

TVL: Adds up the total value locked as collateral, as well as the AMO positions on Preon Finance

TVLstar

Competitors

Angle($33.09m)Overnight Finance($21.82m)QiDao($7.71m)Parallel Protocol($3.23m)mStable CDP($2.9m)Iron Finance($316,073)Davos Protocol($189,783)xDollar($144,764)PolyQuity($107,386)GotchiVault($59,540)