Ask about Archimedes Finance
Logo of Archimedes FinanceArchimedes Finance(ARCH)
Total Value Locked$1,741.37

TVL by Chain

Ethereum$1,741.37

Key Metrics

$ARCH Liquidity$62,119

Balancer V2$44,096

Osmosis DEX$18,023

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

Category:Leveraged Farming

Audits:

WebsiteGitHubTwitter

Methodology

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

Competitors

Yield Basis ($131.82m)Homora V2 ($110.27m)Origami Finance ($49.39m)Arkis ($2.83m)AirPuff ($519,723.62)Loop ($69,179.59)Arcadia V1 ($19,803.74)Yieldoor ($16,635.55)LTV Protocol ($14,174.29)VII Finance ($12,457.81)

Frequently Asked Questions

What is Archimedes Finance?

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

What is Archimedes Finance's TVL?

Archimedes Finance currently has $1,741.37 in total value locked. TVL has increased <0.1% over the past 30 days.

What chains does Archimedes Finance operate on?

Archimedes Finance operates on Ethereum. Ethereum holds the largest share at 100%.

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

Among Leveraged Farming protocols tracked by DefiLlama, Archimedes Finance ranks #27 by TVL. The category holds $271.97m across 40 protocols, and Archimedes Finance accounts for <0.1% of that total. Other leading protocols include Yield Basis, Origami Finance, and Alpaca Finance.