Logo of Archimedes FinanceArchimedes Finance(ARCH)
Total Value Locked$1,741.86

TVL by Chain

Ethereum$1,741.86

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

WebsiteGitHubTwitter
Category:Leveraged Farming

Audits:

Methodology

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

Competitors

Yield Basis ($152.76m)Origami Finance ($60.49m)AirPuff ($684,483.04)Loop ($92,082.07)Arcadia V1 ($24,633.93)Yieldoor ($17,136.55)VII Finance ($11,015.21)LTV Protocol ($10,689.88)Zenith ($3,128.18)Notional Exponent ($1,769.89)

Frequently Asked Questions

What is Archimedes Finance's TVL?

Archimedes Finance currently has $1,741.86 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 $282.22m across 39 protocols, and Archimedes Finance accounts for <0.1% of that total. Other leading protocols include Yield Basis, Origami Finance, AirPuff, Loop, Arcadia V1, Yieldoor, VII Finance, LTV Protocol, Zenith, and Notional Exponent.