InformationTVLFees and Revenue

SMARDEX P2P Lending

Total Value Locked$923,192

TVL by Chain

Ethereum$923,192

Key Metrics

Fees (Annualized)$1,513

Fees 30d$124

Fees 24h$0

Cumulative Fees$126

Revenue (Annualized)$73.2

Revenue 30d$6

Revenue 24h$0

Cumulative Revenue$8

Borrowed$127,485

Protocol Information

P2P Lending is a simple on-chain lending and borrowing protocol for ERC20 tokens on Ethereum. It uses a fixed-term loan model with upfront collateral to avoid liquidation risks. Borrowers create loan proposals directly on-chain, and lenders can choose to accept them—no off-chain signatures or processes are required, making the system fully decentralized

Category:Lending

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Protocol fees are given by interests paid in credit Tokens by Borrowers to Lenders, cumulated with the amount of SDEX burned at Proposal creation.View code on GitHubRevenue: Protocol revenue is the total amount of SDEX burned at each new Proposal creation.View code on GitHub

Competitors

AAVE V3 ($24.162b)Morpho Blue ($4.123b)SparkLend ($3.449b)Compound V3 ($1.997b)Venus Core Pool ($1.599b)Maple ($1.584b)Euler V2 ($1.094b)Fluid Lending ($998.11m)Compound V2 ($480.18m)Avalon Finance ($402.06m)