Nolus Protocol (NLS)
Total Value Locked$3.25m
Osmosis | $1.74m |
---|---|
Nolus | $1.38m |
Neutron | $121,401 |
Market Cap | $8.86m |
---|---|
$0.036 | |
Fully Diluted Valuation | $31.61m |
$294,964 | |
$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 17/05/24)
Weekly commits: 75
Monthly commits: 107
Weekly developers: 8
Monthly developers: 8
Last commit: 2 days ago (2024-05-17)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases