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Logo of Avocado FundAvocado Fund
Total Value Locked$46.97

TVL by Chain

Arbitrum$46.97

Key Metrics

Active Loans$44,023.13

Protocol Information

Uncollateralised USDC lending on Arbitrum. Borrowers pass identity verification and build an on-chain credit score to draw an unsecured credit line; lenders supply USDC to an ERC-4626 vault and earn borrower interest

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Category:Uncollateralized Lending

Methodology

TVL: TVL counts the USDC balance held by the AvocadoVault (ERC-4626, avUSDC) and by the AvocadoLending contract on Arbitrum One. Borrowed counts totalOutstandingDebt() on the AvocadoLending contract, which is uncollateralised borrower principal plus accrued interest. Uncollateralised debt is excluded from TVL so lender deposits are not double counted with funds drawn by borrowers.View code on GitHub

Competitors

Accountable ($2.93m)Union Protocol ($266,100.6)Clearpool Lending ($234,769.07)TrueFi ($21,714.61)Clawloan ($15.16)3Jane Lending ($12.44m)Wildcat Protocol ($7.87m)Ribbon Lend ($52,333.67)dAMM Finance ($22,858.25)Atlendis V1 ($16,819.76)

Frequently Asked Questions

What is Avocado Fund's TVL?

Avocado Fund currently has $46.97 in total value locked.

What chains does Avocado Fund operate on?

Avocado Fund operates on Arbitrum. Arbitrum holds the largest share at 100%.

How does Avocado Fund's TVL compare to similar protocols?

Among Uncollateralized Lending protocols tracked by DefiLlama, Avocado Fund ranks #10 by TVL. The category holds $23.86m across 12 protocols, and Avocado Fund accounts for <0.1% of that total. Other leading protocols include Accountable, Union Protocol, Clearpool Lending, TrueFi, Clawloan, 3Jane Lending, Wildcat Protocol, Ribbon Lend, dAMM Finance, and Atlendis V1.

How much has been borrowed through Avocado Fund?

Avocado Fund currently has $44,023.13 in active loans.