Valas Finance (VALAS)

Total Value Locked$1,236,417

Chain Breakdown
BSC	$1.24m

Include in TVL (optional)
Borrowed	$10.82m
Pool2	$13.39k
Staking	$0

USD BNB

Information

Protocol Information

Valas is a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers.

Category: Lending

Forked from:AAVE V2

Audits

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Token Information

Address:0xB1EbdD...2b6842

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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

AAVE V3 ($17.89b)Venus Core Pool ($2.01b)Avalon Finance ($1.01b)Kinza Finance ($46.77m)Venus Isolated Pools ($43.68m)JustLend ($5.29b)Spark ($4.1b)Kamino Lend ($2.2b)Compound V3 ($2.02b)Morpho Blue ($1.73b)