Bonzo Finance

Total Value Locked$26.95m

Chain Breakdown
Hedera	$26.95m

Include in TVL (optional)
Borrowed	$4.84m

USD HBAR

Information

Protocol Information

The Liquidity Layer of Hedera: An open source, non-custodial lending protocol based on Aave

Category: Lending

Forked from:AAVE V2

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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.

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Competitors

AAVE V3 ($19.69b)JustLend ($5.97b)Spark ($4.11b)Morpho Blue ($2.89b)Compound V3 ($2.09b)Kamino Lend ($1.8b)Venus Core Pool ($1.78b)Avalon Finance ($1.14b)Fluid Lending ($706.45m)AAVE V2 ($659.63m)