Ask about Archimedes Finance
Logo of Archimedes FinanceArchimedes Finance(ARCH)
Total Value Locked$1,741

TVL by Chain

Ethereum$1,741

Key Metrics

Total Raised$7.3m

Mar 17, 2022$2.4mRound: PreseedInvestors: Shima Capital, Hack VC, nfr, Bitscale Capital, Kesha Ventures, Origin Protocol, Halborn, Simplex

Feb 1, 2023$4.9mRound: SeedInvestors: Hack VC, Uncorrelated Ventures, Psalion, Truffle Ventures, Cogitent Ventures, Haven VC, Palsar

Protocol Information

Archimedes is a lending and borrowing marketplace offering up to 10x leverage on yield-bearing stablecoins and sustainable top of market APY for both lenders and borrowers

CategoryLeveraged Farming

Audits:

WebsiteGitHubTwitter

Methodology

TVL: total 3CRV liquidity in curve pool + total OUSD assets in protocol vault.View code on GitHub

Competitors

Yield Basis ($158.57m)Homora V2 ($110.27m)Origami Finance ($51.92m)Arkis ($617,482)AirPuff ($607,391)Notional Exponent ($487,905)Loop ($69,391)Yieldoor ($24,200)Arcadia V1 ($22,847)LTV Protocol ($16,955)