Fluidity Money (FLY)

Total Value Locked$243,145

Chain Breakdown
Arbitrum	$221.83k
Solana	$11.09k
Ethereum	$10.22k

USD ETH

Information

Protocol Information

Fluidity Money allows users to wrap stablecoins in return for Fluid Assets. The stablecoins deposited are lent out on money markets like AAVE and Compound, and the yield generated is collected in a reward pool. Whenever a user transacts a Fluid Asset, they can earn yield from this pool.

Category: CDP

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Token Information

Address:arbitrum...9cdc12

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Methodology

Value of stablecoins + interest accrued in pools. TVL on Solana is equal to the total supply of fUSDC.

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Competitors

Overnight USD+ ($91.17m)Abracadabra Spell ($63.95m)Angle ($34.88m)Gravita Protocol ($24.88m)QiDao ($17.15m)MakerDAO ($5.1b)lisUSD ($551.76m)Avalon USDa ($481.26m)JustStables ($452.73m)Liquity ($419.9m)