SiO2 Finance (SiO2)

Total Value Locked$4,822,722

Chain Breakdown
Astar	$4.82m

Include in TVL (optional)
Borrowed	$706.66k

USD ASTR

Information

Protocol Information

SiO2 Finance is the Astar-native lending hub supporting both EVM and WASM.

Category: Lending

Forked from:AAVE V2

Audits

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Token Information

Address:0xcCA488...4F025e

View on Blockscout

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.

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Competitors

Starlay Finance ($888.2k)AAVE V3 ($16.72b)JustLend ($4.93b)Spark ($3.83b)Kamino Lend ($2.04b)Venus Core Pool ($1.9b)Compound V3 ($1.83b)Morpho Blue ($1.57b)AAVE V2 ($882.04m)Avalon Finance ($835.56m)