⌘K

Preon Finance (PREON)

Total Value Locked$4,756,765

Chain Breakdown
Polygon	$2.83m
Base	$1.17m
Arbitrum	$754.44k

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+ ($166.01m)Angle ($33.19m)QiDao ($23.75m)Parallel Protocol ($15.33m)mStable CDP ($3.14m)MakerDAO ($5.27b)JustStables ($2.02b)Liquity ($448.24m)Avalon USDa ($425.34m)Thorchain Lending ($232.65m)