Klap (KLAP)

Total Value Locked$133.26

Chain Breakdown
Kaia	$133.26

Include in TVL (optional)
Borrowed	$2.13m

USD ETH

Information

Protocol Information

KLAP (Klaytn Lending Application) is the leading money market on Klaytn.

Category: Lending

Forked from:AAVE V2

Audits

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Token Information

Address:0xd10906...b5907b

View on CoinGecko View on Klaytn Scope

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

BiFi ($42.16m)Shoebill V2 ($12.85m)KlayBank ($1.91m)Mesher ($546.93k)Rhombus Protocol ($423.65k)AAVE V3 ($17.66b)JustLend ($4.95b)Spark ($4.09b)Kamino Lend ($2.16b)Venus Core Pool ($1.95b)