Ask about Algofi
Logo of AlgofiAlgofi
Total Value Locked$647,569

TVL by Chain

Algorand$647,569

Key Metrics

Cumulative DEX Volume$101.2m
Cumulative DEX Volume by chain

Algorand$101.2m

Staked$986

Active Loans$330

Total Raised$2.8m

Nov 30, 2021$2.8mRound: SeedInvestors: Arrington XRP Capital, USV, Pillar VC, Y Combinator, Formulate Ventures, Shine VC

Protocol Information

Algofi is the DeFi hub built on Algorand. Earn interest, borrow, swap and more on the Algofi lending protocol, DEX, and stablecoin. Further, access liquidity against your governance ALGOs through the Algofi Vault.

Category:Lending

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

DEX Volume: Volume of all spot token swaps on the DEX

Competitors

Folks Finance Lending ($20.56m)DorkFi ($190,870.42)Ultraswap ($109,358.81)

Frequently Asked Questions

What is Algofi?

Algofi is the DeFi hub built on Algorand. Earn interest, borrow, swap and more on the Algofi lending protocol, DEX, and stablecoin. Further, access liquidity against your governance ALGOs through the Algofi Vault.

What is Algofi's TVL?

Algofi currently has $647,569 in total value locked. TVL has decreased 0.3% over the past 30 days.

What chains does Algofi operate on?

Algofi operates on Algorand. Algorand holds the largest share at 100%.

Which protocols are included in Algofi?

Algofi is a parent protocol whose tracked products include Algofi Lend and Algofi Swap.

How much has been borrowed through Algofi?

Algofi currently has $330 in active loans.