Logo of BitFireBitFire
Total Value Locked$4,241.05

TVL by Chain

Mezo$4,241.05

Key Metrics

Active Loans$54.53

Protocol Information

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

Category:Lending

Audits:

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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 ($16.915b)Morpho Blue ($9.33b)SparkLend ($4.75b)JustLend V1 ($3.68b)Maple ($2.963b)Compound V3 ($1.375b)Venus Core Pool ($1.252b)Kamino Lend ($1.181b)Jupiter Lend ($1.041b)Lista Lending ($838.64m)

Frequently Asked Questions

What is BitFire?

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

What is BitFire's TVL?

BitFire currently has $4,241.05 in total value locked. TVL has increased 0.8% 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 #365 by TVL. The category holds $49.308b across 514 protocols, and BitFire accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Compound V3, Venus Core Pool, Kamino Lend, Jupiter Lend, and Lista Lending.

How much has been borrowed through BitFire?

BitFire currently has $54.53 in active loans.