Nolus Protocol (NLS)
Total Value Locked$3.14m
| Osmosis | $1.61m |
|---|---|
| Nolus | $1.4m |
| Neutron | $126,548 |
| Market Cap | $8.89m |
|---|---|
| $0.035 | |
| Fully Diluted Valuation | $31.15m |
| $330,218 | |
| $615,626 |
Protocol Information
Nolus is a semi-permissioned blockchain bridging lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can secure up to 150% financing on their initial investments, and access to the underlying leveraged assets through whitelisted strategies. Inspired by traditional leasing, where one pays a fraction upfront and gains ownership after repayment, Nolus' approach cuts down the DeFi sector's high over-collateralization standards. This boosts capital efficiency and offers borrowers better loan terms.
Category:Lending
Development Activity
(updated at 24/05/24)
Weekly commits: 77
Monthly commits: 192
Weekly developers: 20
Monthly developers: 22
Last commit: a day ago (2024-05-24)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases