Ask about Cooler Loans

Logo of Cooler LoansCooler Loans(OHM)

Total Value Locked$237.7m

TVL by Chain

Ethereum$237.7m

Key Metrics

Fees 30d$53,742
Fees 30d by chain

Ethereum$53,742

Fees 7d$12,879

Ethereum$12,879

Fees 24h$1,612

Ethereum$1,612

Cumulative Fees$758,785

Ethereum$758,785

Revenue 30d$53,742
Revenue 30d by chain

Ethereum$53,742

Revenue 7d$12,879

Ethereum$12,879

Revenue 24h$1,612

Ethereum$1,612

Cumulative Revenue$758,785

Ethereum$758,785

Holders Revenue 30d$0
Holders Revenue 30d by chain

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Active Loans$133.21m

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.

WebsiteX/Twitter
Category:Lending

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 ($18.359b)Morpho Blue ($11.25b)SparkLend ($5.706b)Maple ($2.97b)Compound V3 ($1.525b)Venus Core Pool ($1.33b)Lista Lending ($1.028b)Fluid Lending ($719.37m)Aave V4 ($661.3m)Dolomite ($362.77m)

Frequently Asked Questions

What is Cooler Loans' TVL?

Cooler Loans currently has $237.7m in total value locked. TVL has increased 1.5% 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 $53,742 in fees. Of that, $53,742 was protocol revenue. Based on the trailing year, the annualized rate is $603,647 in fees and $603,647 in revenue.

How does Cooler Loans' TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Cooler Loans ranks #19 by TVL. The category holds $55.347b across 522 protocols, and Cooler Loans accounts for 0.4% of that total. Other leading protocols include Aave V3, Morpho Blue, SparkLend, Maple, Compound V3, Venus Core Pool, Lista Lending, Fluid Lending, Aave V4, and Dolomite.

How much has been borrowed through Cooler Loans?

Cooler Loans currently has $133.21m in active loans.