⌘K

Preon Finance (PREON)

Total Value Locked$3,794,879

Chain Breakdown
Polygon	$2.99m
Arbitrum	$547.93k
Base	$256.02k

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+ ($91.09m)Angle ($34.89m)QiDao ($16.88m)Parallel Protocol ($15.28m)mStable CDP ($3.05m)MakerDAO ($4.99b)lisUSD ($551.16m)Avalon USDa ($469.97m)JustStables ($449.23m)Liquity ($411.24m)