Deepr Finance (DEEPR)

Total Value Locked$3,511,854

Chain Breakdown
IOTA EVM	$3.19m
ShimmerEVM	$320.13k

Include in TVL (optional)
Borrowed	$766.04k

USD ETH

Information

Protocol Information

Discover the Potential of Decentralized Lending Bringing a Secure and Efficient Lending Platform to Shimmer

Category: Lending

Forked from:Compound V2

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Token Information

Address:shimmere...f9fa10

View on CoinGecko

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

IOLEND ($1.13m)AAVE V3 ($10.74b)JustLend ($5.91b)Spark ($2.38b)Venus Core Pool ($1.62b)Compound V3 ($1.39b)Kamino Lend ($1.31b)AAVE V2 ($1.03b)Morpho Blue ($964.41m)LayerBank ($694.02m)