Nolus Protocol (NLS)
Total Value Locked$3.17m
| Osmosis | $1.68m |
|---|---|
| Nolus | $1.38m |
| Neutron | $114,378 |
| Market Cap | $8.75m |
|---|---|
| $0.035 | |
| Fully Diluted Valuation | $31.15m |
| $292,437 | |
| $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 20/05/24)
Weekly commits: 83
Monthly commits: 115
Weekly developers: 8
Monthly developers: 8
Last commit: 5 hours ago (2024-05-20)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases