Preon Finance (PREON)

Total Value Locked$614,966
Chain Breakdown
Polygon$417,402
Arbitrum$197,564
Base$0
$47,182
$547,336
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

Forked from:Liquity V1

Audits:
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Methodology

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

TVL

Competitors

Overnight Finance($21.38m)QiDao($8.65m)Angle($29.27m)defi.money($676,391)Davos Protocol($162,152)Sky Lending($6.19b)Avalon USDa($461.05m)lisUSD($359.41m)Beraborrow($357.64m)USDD($336.28m)