Vee Finance (VEE)

Total Value Locked$13,768

Chain Breakdown
Avalanche	$13.32k
Heco	$446.16

Include in TVL (optional)
Borrowed	$54.25

USD AVAX

Information

Protocol Information

Vee Finance is a DeFi lending platform for traditional financed and crypto users alike.

Category: Lending

Forked from:Compound V2

Website Twitter

Token Information

Address:avax:0x3...b8ca81

View on CoinGecko View on Snowtrace

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 ($10.74b)AAVE V2 ($1.03b)Benqi Lending ($296.43m)BiFi ($28.56m)TermFinance ($20.71m)JustLend ($5.91b)Spark ($2.38b)Venus Core Pool ($1.62b)Compound V3 ($1.39b)Kamino Lend ($1.31b)