Sturdy (STRDY)
Total Value Locked$1.14m
TVL by Chain
Flow$450,389
Mode$352,525
Ethereum$187,392
borrowed$128,412
Linea$11,780
OP Mainnet$8,567
Fantom$0
Sei$0
Key Metrics
Market Cap$471,198
$STRDY Price$0.023
All Time High$3.83
All Time Low$0.018
Fully Diluted Valuation$2.31m
$STRDY Volume 24h$22.7
CEX Volume-
DEX Volume-(0% of total)
Borrowed$128,412
Total Raised$3.9m
Mar 17, 2022$3.9mRound: Seed and StrategicInvestors: Pantera Capital, yCombinator, SoftBank, KuCoin Ventures, OneBlock Capital, Dialectic, OrangeDAOSource: https://twitter.com/SturdyFinance/status/1503908251934642180
Protocol Information
Sturdy is a first of its kind DeFi protocol for interest-free borrowing and high yield lending. Rather than charging borrowers interest, Sturdy stakes their collateral and passes the yield to lenders. This model changes the relationship between borrowers and lenders to make Sturdy the first positive-sum lending protocol.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Hacks
Date: Jun 12, 2023
Protocol: Sturdy V1
Amount: $770,000
Classification: Ecosystem
Technique: Flashloan Reentrancy Attack
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Source