InformationTVLBorrowed

TakoTako

Total Value Locked$38,076

TVL by Chain

Taiko$21,604

borrowed$16,472

Key Metrics

Borrowed$16,472

Protocol Information

Lending project on Taiko

Category:Lending

Website

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.View code on GitHub

Competitors

LayerBank ($8.11m)Avalon Finance ($4.43m)Minterest ($240,018)Avalon USDaLend ($192,094)Meridian Lend ($138,076)Hana Finance ($25,506)Jax Finance ($290.33)