InformationTVLStablecoin Info

Preon Finance (PREON)

Total Value Locked$360,255

TVL by Chain

Arbitrum$282,561

Polygon$77,694

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

Frankencoin ($32.63m)Overnight Finance ($21.11m)QiDao ($5.68m)Reservoir Protocol ($76.38m)Angle ($19.41m)BTCFi CDP ($17.74m)Abracadabra Spell ($15.99m)Nerite ($3.7m)mStable CDP ($3.23m)Parallel Protocol V3 ($1.76m)