Elara

Total Value Locked$4,163,338

Chain Breakdown
Zircuit	$4.16m

Include in TVL (optional)
Borrowed	$1.31m

USD ETH

Information

Protocol Information

The first native lending protocol on ZircuitL2, built with cutting-edge modularity. Shaping the future of DeFi with transformative lending innovations.

Category: Lending

Forked from:Compound 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

ZeroLend ($254.59m)Avalon USDaLend ($1.51m)AAVE V3 ($19.65b)JustLend ($6.11b)Spark ($3.98b)Morpho Blue ($2.88b)Compound V3 ($2.08b)Kamino Lend ($1.78b)Venus Core Pool ($1.75b)Avalon Finance ($1.13b)