Sturdy V1 (STRDY)

Total Value Locked$141,406

Chain Breakdown
Ethereum	$141.41k
Fantom	$0

Include in TVL (optional)
Borrowed	$2.39m

USD ETH

Hide Events

Information

Protocol Information

Sturdy is a first of its kind DeFi protocol for interest-free borrowing and high yield lending. Rather than charging borrowers interest, Sturdy stakes their collateral and passes the yield to lenders. This model changes the relationship between borrowers and lenders to make Sturdy the first positive-sum lending protocol.

Category: Lending

Audits

Website Twitter

Token Information

Address:0xaeb360...54309a

View on Etherscan

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 ($16.79b)Spark ($3.85b)Venus Core Pool ($1.91b)Compound V3 ($1.84b)Morpho Blue ($1.58b)JustLend ($4.94b)Kamino Lend ($2.06b)AAVE V2 ($887.2m)Avalon Finance ($792.84m)Compound V2 ($687.45m)

Raises

Total raised: 3.9m
3/17/2022 : Seed and Strategic - Raised $3.9m