Bonzo Finance

Total Value Locked$26.6m

Chain Breakdown
Hedera	$26.6m

Include in TVL (optional)
Borrowed	$14.47m

USD HBAR

Information

Protocol Information

The Liquidity Layer of Hedera: An open source, non-custodial lending protocol based on Aave

Category: Lending

Forked from:AAVE V2

Audits

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Token Information

Methodology

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.

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Competitors

Sirio Finance ($86.7k)AAVE V3 ($19.61b)JustLend ($4.8b)Morpho Blue ($3.66b)Spark ($3.14b)Kamino Lend ($2.21b)Compound V3 ($2.11b)Venus Core Pool ($1.93b)Avalon Finance ($1.13b)Fluid Lending ($905.15m)