⌘K

Preon Finance (PREON)

Total Value Locked$3,904,028

Chain Breakdown
Polygon	$3.08m
Arbitrum	$553.02k
Base	$269.64k

USD MATIC

Information

Protocol Information

Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (a USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%

Category: CDP

Forked from:Liquity

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Token Information

Methodology

Adds up the total value locked as collateral, as well as the AMO positions on Preon Finance

Check the code

Competitors

Overnight USD+ ($91.13m)Angle ($34.94m)QiDao ($17.15m)Parallel Protocol ($15.63m)mStable CDP ($3.08m)MakerDAO ($5.1b)lisUSD ($551.76m)Avalon USDa ($477.93m)JustStables ($452.28m)Liquity ($419.9m)