Ask about Cooler Loans

Logo of Cooler LoansCooler Loans(OHM)

Total Value Locked$233.36m

TVL by Chain

Ethereum$233.36m

Key Metrics

Fees 30d$53,169
Fees 30d by chain

Ethereum$53,169

Fees 7d$12,809

Ethereum$12,809

Fees 24h$1,785

Ethereum$1,785

Cumulative Fees$737,425

Ethereum$737,425

Revenue 30d$53,169
Revenue 30d by chain

Ethereum$53,169

Revenue 7d$12,809

Ethereum$12,809

Revenue 24h$1,785

Ethereum$1,785

Cumulative Revenue$737,425

Ethereum$737,425

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$132.49m

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 ($17.797b)Morpho Blue ($10.619b)SparkLend ($5.498b)Maple ($2.981b)Compound V3 ($1.457b)Venus Core Pool ($1.299b)Lista Lending ($880.5m)Fluid Lending ($732.58m)Aave V4 ($557.68m)Euler V2 ($356m)

Frequently Asked Questions

What is Cooler Loans' TVL?

Cooler Loans currently has $233.36m in total value locked. TVL has increased 7.2% 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 $53,169 in fees. Of that, $53,169 was protocol revenue. Based on the trailing year, the annualized rate is $600,551 in fees and $600,551 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 $53.215b across 517 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 Euler V2.

How much has been borrowed through Cooler Loans?

Cooler Loans currently has $132.49m in active loans.