⌘K

ELMA (ELITE)

Total Value Locked$99,462

Chain Breakdown
Fantom	$99.46k

USD FTM

Information

Protocol Information

Elite Lending Market Aggregator, aka ELMA, leverages Bribe Markets to Boost Lending Yields by Splitting a Re-Deposited Asset into a user-stakeable PT & a YT thats bribed

Category: Lending

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Token Information

Address:fantom:0...61f760

View on FTMscan

Methodology

Principal Tokens (PT) are always 1:1 mintable & redeemable with Underlying Tokens (UT). TVL is Total Market Cap of all PT, where 1 PT = 1 UT.

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Competitors

AAVE V3 ($20.12b)Impermax Finance ($23.54m)Iron Bank ($18.34m)Tarot ($13.44m)Granary Finance ($2.28m)JustLend ($6.18b)Spark ($4.18b)Morpho Blue ($2.87b)Compound V3 ($2.12b)Kamino Lend ($1.82b)