PaperDAO (PPR)

Total Value Locked$0.14

Chain Breakdown
EthereumPoW	$0.14

Include in TVL (optional)
Borrowed	$0

USD ETHW

Information

Protocol Information

PaperDAO is the leading ETHW Lending Market & $USW Stablecoin Minter on EthereumPoW.

Category: Lending

Forked from:Compound V2

Audits

Website Twitter

Token Information

Address:0xA2D59C...83b9fB

View on ETHW Explorer

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

AAVE V3 ($16.72b)JustLend ($4.93b)Spark ($3.83b)Kamino Lend ($2.04b)Venus Core Pool ($1.9b)Compound V3 ($1.83b)Morpho Blue ($1.57b)AAVE V2 ($882.04m)Avalon Finance ($835.56m)Compound V2 ($688.49m)