Logo of BasicBasic
Total Value Locked$77,207.49

TVL by Chain

IoTeX$77,207.49

Key Metrics

Active Loans$79,223.61

Protocol Information

Basic is a simple loans solution for DeFi users on IoTeX

Category:Lending
WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Avalon Finance ($1.33m)Avalon USDaLend ($65,914.13)FilDA ($39,587.51)ForTube ($0.0012)Aave V3 ($17.014b)Morpho Blue ($9.376b)SparkLend ($4.475b)JustLend V1 ($3.679b)Maple ($2.919b)Compound V3 ($1.379b)

Frequently Asked Questions

What is Basic's TVL?

Basic currently has $77,207.49 in total value locked. TVL has increased 25.6% over the past 30 days.

What chains does Basic operate on?

Basic operates on IoTeX. IoTeX holds the largest share at 100%.

How does Basic's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Basic ranks #239 by TVL. The category holds $48.852b across 514 protocols, and Basic accounts for <0.1% of that total. Other leading protocols include Avalon Finance, Avalon USDaLend, FilDA, ForTube, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, and Compound V3.

How much has been borrowed through Basic?

Basic currently has $79,223.61 in active loans.