Pu239

Total Value Locked$1.32

Chain Breakdown
MAP Protocol	$1.32

Include in TVL (optional)
Borrowed	$0.01

USD ETH

Information

Protocol Information

The Native Lending Market on MAP Protocol. Deposit, earn and empower DeFi in the Bitcoin ecosystem

Category: Lending

Forked from:AAVE V3

Audits

Website Twitter

Token Information

Methodology

Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.

Check the code

Competitors

AAVE V3 ($18.2b)JustLend ($5.27b)Spark ($4.14b)Kamino Lend ($2.16b)Compound V3 ($2.03b)Venus Core Pool ($2.02b)Morpho Blue ($1.73b)Avalon Finance ($984.67m)AAVE V2 ($875.92m)Compound V2 ($712.28m)