Key Metrics
Fees (Annualized)$592,676
Fees 30d$51,023
Ethereum$51,023
Fees 7d$12,248
Ethereum$12,248
Fees 24h$1,322
Ethereum$1,322
Cumulative Fees$683,793
Ethereum$683,793
Revenue (Annualized)$592,676
Revenue 30d$51,023
Ethereum$51,023
Revenue 7d$12,248
Ethereum$12,248
Revenue 24h$1,322
Ethereum$1,322
Cumulative Revenue$683,793
Ethereum$683,793
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$130.5m
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.
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 GitHubCompetitors
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 $217.12m in total value locked. TVL has increased 0.3% 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 $51,023 in fees. Of that, $51,023 was protocol revenue. Based on the trailing year, the annualized rate is $592,676 in fees and $592,676 in revenue.
How does Cooler Loans' TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Cooler Loans ranks #17 by TVL. The category holds $47.439b across 514 protocols, and Cooler Loans accounts for 0.5% of that total. Other leading protocols include Aave V3, Morpho Blue, SparkLend, Maple, Compound V3, Venus Core Pool, Lista Lending, Fluid Lending, Euler V2, and cap.
How much has been borrowed through Cooler Loans?
Cooler Loans currently has $130.5m in active loans.

