Takara Lend

Total Value Locked$57.74m
Chain Breakdown
Sei$57.74m
Include in TVL (optional)
$20.77m
$20.77m
$7,381
$1,842

Protocol Information

Takara is a decentralized, open-source money market protocol natively built on the Sei blockchain

Category:Lending

Audits:

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.

Fees: Interest paid by borrowers

Revenue: Percentage of interest going to treasury