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Tephra Finance (TEPHRA) Overview
Tephra Finance is a decentralized finance hub on Ink, Kraken Exchange’s Ethereum Layer 2 chain. It offers yield farming, staking, lending, and token swapping, functioning as a DeFi aggregator to optimize trades and liquidity. This dashboard provides transparent insights into Tephra's usage and economic activity, alongside key metrics for its underlying Ink L2 and the broader Ethereum ecosystem.
Note on TVL: While Tephra Finance's description mentions TVL, the metric is not currently tracked for the tephra protocol directly on DefiLlama. The charts below focus on the underlying Ink chain's TVL and other core metrics.
Ink Chain: Core Metrics
As Tephra Finance operates on Ink, understanding the performance of this Ethereum Layer 2 chain is crucial for context.
Broader Ecosystem Context: Ethereum
Ink is an Ethereum Layer 2. Here's a look at the core metrics for the Ethereum mainnet to provide a broader market perspective.
DeFi Aggregator Market Overview
Tephra Finance functions as a DeFi aggregator. This chart provides a view of the broader aggregator market by volume, showing how various protocols compare.