InformationTVLFees and Revenue

Vicuna Lending

Total Value Locked$162,435
Chain Breakdown
Sonic$162,435
Include in TVL (optional)
$4.1m
$4.1m
$21,826
$2,318
USDS

Protocol Information

Vicuna Finance operates as a native borrow/lending protocol, facilitating leveraged yield farming on the Sonic Blockchain. Lenders can earn yields on their tokens, while borrowers gain access to capital-efficient, undercollateralized loans for leveraged yield farming positions

Category:Lending

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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

TVLFees and Revenue

Competitors

AAVE V3($25.262b)Morpho Blue($3.564b)Euler V2($936.11m)Avalon Finance($472.26m)Silo V2($279.58m)Silo V1($20.56m)Impermax V2($9.92m)dTRINITY dLEND($2.05m)MachFi($1.58m)Avalon USDaLend($1.22m)