⌘K

Preon Finance (PREON)

Total Value Locked$614,061

Chain Breakdown
Polygon	$390.29k
Arbitrum	$223.77k
Base	$0

USD MATIC

Information

Protocol Information

Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (a USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%

Category: CDP

Forked from:Liquity V1

Audits

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Token Information

Methodology

Adds up the total value locked as collateral, as well as the AMO positions on Preon Finance

Check the code

Competitors

Angle ($31.59m)Overnight Finance ($21.29m)QiDao ($6.65m)mStable CDP ($2.88m)Parallel Protocol ($2.58m)Sky Lending ($5.96b)Avalon USDa ($524.5m)Beraborrow ($422.97m)USDD ($407.09m)lisUSD ($386.07m)