⌘K

Preon Finance (PREON)

Total Value Locked$4,812,379

Chain Breakdown
Polygon	$2.88m
Base	$1.18m
Arbitrum	$751.47k

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, as well as the AMO positions on Preon Finance

Check the code

Competitors

Overnight USD+ ($165.73m)Angle ($33.13m)QiDao ($23.69m)Parallel Protocol ($15.27m)mStable CDP ($3.13m)MakerDAO ($5.25b)JustStables ($2.03b)Liquity ($447.19m)Avalon USDa ($420.7m)Thorchain Lending ($232.56m)