⌘K

Preon Finance (PREON)

Total Value Locked$3,016,500

Chain Breakdown
Polygon	$2.4m
Arbitrum	$613.78k

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

Audits

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Token Information

Methodology

Adds up the total value locked as collateral on the Preon Finance

Check the code

Competitors

Overnight USD+ ($61.93m)Angle ($37.74m)QiDao ($21.82m)Parallel Protocol ($14.51m)mStable CDP ($3.13m)MakerDAO ($4.86b)JustStables ($1.62b)Liquity ($413.69m)lisUSD ($259.96m)Thorchain Lending ($194.22m)