InformationTVLStablecoin Info

Preon Finance (PREON)

Total Value Locked$360,421

TVL by Chain

Arbitrum$283,720

Polygon$76,701

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:

WebsiteTwitter

Methodology

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

Competitors

Frankencoin ($31.98m)Overnight Finance ($20.89m)QiDao ($5.6m)Angle ($19.66m)Davos Protocol ($126,616)BTCFi CDP ($17.55m)Abracadabra Spell ($15.7m)Reservoir Protocol ($8.15m)Nerite ($3.59m)mStable CDP ($2.9m)