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This protocol has some TVL that's classified as borrowed, enable the toggles to see it
AAVE V3
$AAVE
Description
Earn interest, borrow assets, and build applications
Total Value Locked
$1.08b
Optimism:$7.16m
Avalanche:$983.08m
Harmony:$5.62m
Polygon:$48.87m
Arbitrum:$27.06m
borrowed:$907.02m
Fantom:$10.87m
Links
Protocol Information
Category
Audits
Yes
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
Token Information
Symbol
AAVE
Name
AAVE V3
Address
0x7fc665...2ddae9