MonoLend (MLD)

Total Value Locked$6,960

Chain Breakdown
Polygon	$6.96k

Include in TVL (optional)
Borrowed	$227.72

USD MATIC

Information

Protocol Information

MonoLend is the lending market platform on Polygon, home of $MLD token: deposit collateral and farm WBTC WETH and stables

Category: Lending

Forked from:AAVE V2

Website Twitter

Token Information

Address:polygon:...d64A86

View on CoinGecko View on PolygonScan

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 ($19.65b)Compound V3 ($2.08b)AAVE V2 ($654.92m)Impermax Finance ($22.47m)Tarot ($13.28m)JustLend ($6.11b)Spark ($3.98b)Morpho Blue ($2.88b)Kamino Lend ($1.77b)Venus Core Pool ($1.75b)