Ask about Ara Finance
Logo of Ara FinanceAra Finance(ARA)
Total Value Locked$102.01

TVL by Chain

Avalanche$102.01

Key Metrics

Staked$0

Protocol Information

Ara Finance is building a community-owned decentralized financial infrastructure to bring more stability and transparency for the world.

Category:Reserve Currency

Twitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Hacks

Date: Jun 19, 2023

Amount: $131,000

Classification: Protocol Logic

Technique: Access Control Exploit

Chains: BSC

Target Type: DeFi Protocol

Competitors

Sierra ($842.25)Avalps ($292.98)SpiritDAO ($139.13)PirateDAO ($55.97)Life DAO ($24.5)Spicy DAO ($20.88)NoahArkDAO ($13.35)Papa DAO ($5.14)Gaia DAO ($4.81)Tornadao ($4.25)

Frequently Asked Questions

What is Ara Finance?

Ara Finance is building a community-owned decentralized financial infrastructure to bring more stability and transparency for the world.

What is Ara Finance's TVL?

Ara Finance currently has $102.01 in total value locked. TVL has decreased 52.3% over the past 30 days.

What chains does Ara Finance operate on?

Ara Finance operates on Avalanche. Avalanche holds the largest share at 100%.

How does Ara Finance's TVL compare to similar protocols?

Among Reserve Currency protocols tracked by DefiLlama, Ara Finance ranks #19 by TVL. The category holds $8.6m across 95 protocols, and Ara Finance accounts for <0.1% of that total. Other leading protocols include The Idols, Nirvana, and Rezerve.

Has Ara Finance ever been exploited?

Ara Finance has 1 recorded security incident. The most recent incident occurred on Jun 19, 2023 and involved $131,000. It was classified as Protocol Logic.