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Logo of Cooler LoansCooler Loans(OHM)
Total Value Locked$215.91m

TVL by Chain

Ethereum$215.91m

Key Metrics

Fees (Annualized)$584,956
Fees 30d$50,383

Ethereum$50,383

Fees 7d$12,088

Ethereum$12,088

Fees 24h$1,877

Ethereum$1,877

Cumulative Fees$648,628

Ethereum$648,628

Revenue (Annualized)$584,956
Revenue 30d$50,383

Ethereum$50,383

Revenue 7d$12,088

Ethereum$12,088

Revenue 24h$1,877

Ethereum$1,877

Cumulative Revenue$648,628

Ethereum$648,628

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Active Loans$129.96m

Protocol Information

Cooler Loans is Olympus DAO's native lending protocol. Borrowers deposit gOHM as collateral to borrow stablecoins at a fixed 0.5% APR.

Category:Lending

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Methodology

TVL: TVL is gOHM collateral locked in Cooler Loans (V1 Clearinghouse + V2 MonoCooler). Borrowed is outstanding stablecoin debt (USDS for V2, DAI for V1). Cooler Loans is Olympus DAO's native lending protocol offering fixed-rate, perpetual loans against gOHM collateral at 0.5% APR.View code on GitHubFees: Interest accrued on gOHM-backed loans in the MonoCooler (V2) contract. Calculated as avgDebt × interestAccumulatorRay delta over the period.View code on GitHubRevenue: 100% of Cooler Loan interest flows to the Olympus DAO treasury as protocol revenue.View code on GitHubHolders Revenue: View code on GitHub

Competitors

Aave V3 ($13.679b)Morpho Blue ($7.578b)SparkLend ($3.665b)Maple ($2.295b)Compound V3 ($1.116b)Venus Core Pool ($1.032b)Fluid Lending ($655.14m)Lista Lending ($626.78m)Euler V2 ($329.57m)cap ($247.44m)

Frequently Asked Questions

What is Cooler Loans?

Cooler Loans is Olympus DAO's native lending protocol. Borrowers deposit gOHM as collateral to borrow stablecoins at a fixed 0.5% APR.

What is Cooler Loans' TVL?

Cooler Loans currently has $215.91m in total value locked. TVL has increased 18.4% over the past 30 days.

What chains does Cooler Loans operate on?

Cooler Loans operates on Ethereum. Ethereum holds the largest share at 100%.

How much has Cooler Loans generated in fees and revenue?

Over the past 30 days, Cooler Loans generated $50,383 in fees. Of that, $50,383 was protocol revenue. Based on the trailing year, the annualized rate is $584,956 in fees and $584,956 in revenue.

How does Cooler Loans' TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Cooler Loans ranks #16 by TVL. The category holds $39.888b across 466 protocols, and Cooler Loans accounts for 0.5% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through Cooler Loans?

Cooler Loans currently has $129.96m in active loans.