⌘K

Preon Finance (PREON)

Total Value Locked$589,522

Chain Breakdown
Polygon	$407.28k
Arbitrum	$182.25k
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 ($31.47m)Overnight Finance ($21.9m)QiDao ($9.98m)mStable CDP ($2.9m)Parallel Protocol ($2.78m)Sky Lending ($7.11b)Avalon USDa ($484.59m)Beraborrow ($381.32m)lisUSD ($371.9m)USDD ($319.37m)