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Avocado Fund
Total Value Locked$46.97
TVL by Chain
Arbitrum$46.97
Key Metrics
Active Loans$44,382
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
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 GitHubCompetitors
Frequently Asked Questions
What is Avocado Fund's TVL?
Avocado Fund currently has $46.97 in total value locked. TVL has increased 2.1% over the past 30 days.
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 #18 by TVL. The category holds $22.73m across 19 protocols, and Avocado Fund accounts for <0.1% of that total. Other leading protocols include Accountable, Union Protocol, Clearpool Lending, Pareto Credit, TrueFi, cSigma Finance, Clawloan, 3Jane Lending, Kamino Institutional Yield, and Wildcat Protocol.
How much has been borrowed through Avocado Fund?
Avocado Fund currently has $44,382 in active loans.