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ProtocolsColend Protocol

INCLUDE IN STATS:
Information
TVL
Yields

Colend Protocol

Total Value Locked
$45.91m
Chain Breakdown
CORE$45.91m
Include in TVL (optional)
$3.42m
$3.42m

Protocol Information

Colend is a decentralized protocol that enables individuals to lend and borrow directly on the Core blockchain. It aims to advance the concept of Bitcoin-Fi.

Category:Lending

Forked from:AAVE V3

Development Activity

(updated at 11/06/24)

Weekly commits: 20
Monthly commits: 27
Weekly developers: 2
Monthly developers: 3

Last commit: 8 days ago (2024-06-11)

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.