InformationTVLStablecoin Info

Preon Finance (PREON)

Total Value Locked$677,054
Chain Breakdown
Polygon$382,011
Arbitrum$295,043
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:
Website Twitter

Methodology

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

TVLstar

Competitors

Angle($32.17m)Overnight Finance($21.88m)QiDao($8.11m)Parallel Protocol($3.48m)mStable CDP($2.9m)Iron Finance($316,323)Davos Protocol($187,019)xDollar($154,299)PolyQuity($107,266)GotchiVault($55,324)