InformationTVLStablecoin Info

Preon Finance (PREON)

Total Value Locked$463,295

TVL by Chain

Arbitrum$265,459

Polygon$197,836

Base$0

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 FinanceView code on GitHub

Competitors

Overnight Finance ($21.57m)QiDao ($7.81m)Angle ($31.86m)River ($22.38m)defi.money ($205,792)Abracadabra Spell ($31.54m)Parallel Protocol ($2.99m)mStable CDP ($2.9m)Gravita Protocol ($2.69m)The Standard ($1.61m)