Ask about BitFire

Logo of BitFireBitFire

Total Value Locked$12.25

TVL by Chain

Mezo$12.25

Key Metrics

Active Loans$4,465

Protocol Information

Institutional BTC & Tokenized Stocks Yield & Lending Protocol for DATs (Digital Asset Treasuries)

GitHubX/Twitter
Category:Lending

Audits:

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHub

Competitors

Aave V3 ($18.293b)Morpho Blue ($11.206b)SparkLend ($5.689b)JustLend V1 ($3.899b)Maple ($2.97b)Compound V3 ($1.52b)Kamino Lend ($1.379b)Venus Core Pool ($1.325b)Jupiter Lend ($1.255b)Lista Lending ($1.027b)

Frequently Asked Questions

What is BitFire's TVL?

BitFire currently has $12.25 in total value locked. TVL has decreased 99.7% over the past 30 days.

What chains does BitFire operate on?

BitFire operates on Mezo. Mezo holds the largest share at 100%.

How does BitFire's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, BitFire ranks #452 by TVL. The category holds $55.189b across 522 protocols, and BitFire accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Compound V3, Kamino Lend, Venus Core Pool, Jupiter Lend, and Lista Lending.

How much has been borrowed through BitFire?

BitFire currently has $4,465 in active loans.