Rho Markets

Total Value Locked$4,524,089

Chain Breakdown
Scroll	$4.52m

Include in TVL (optional)
Borrowed	$11.07m

USD ETH

Information

Protocol Information

Liquidity Layer on Scroll_ZKP. Lending & Yielding

Category: Lending

Forked from:Compound V2

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Token Information

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 ($20.12b)Compound V3 ($2.12b)Avalon Finance ($1.14b)LayerBank ($55.31m)Impermax Finance ($23.54m)JustLend ($6.18b)Spark ($4.16b)Morpho Blue ($2.87b)Kamino Lend ($1.81b)Venus Core Pool ($1.8b)