InformationTVLBorrowed

WanLend

Total Value Locked$1.26m

TVL by Chain

Wanchain$1.1m

borrowed$158,385

Key Metrics

Borrowed$158,385

Protocol Information

WanLend is a decentralized financial management platform, users can deposit cryptos to gain interests, or borrow cryptos and pay interests

Category:Lending

WebsiteTwitter

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