w3bank (W3K)

Total Value Locked$3.81

Chain Breakdown
Pego	$3.81

Include in TVL (optional)
Borrowed	$137.09k

USD ETH

Information

Protocol Information

W3BANK is a decentralized lending protocol built on the PEGO Network where users can deposit, withdraw, borrow, and repay loan.

Category: Lending

Forked from:Compound V2

Audits

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Token Information

Address:0xCe721D...70d205

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 ($16.72b)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)Compound V2 ($688.49m)