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Logo of Cooler LoansCooler Loans(OHM)
Total Value Locked$218.26m

TVL by Chain

Ethereum$218.26m

Key Metrics

Fees (Annualized)$583,450
Fees 30d$47,808

Ethereum$47,808

Fees 7d$9,431

Ethereum$9,431

Fees 24h$2,977

Ethereum$2,977

Cumulative Fees$652,214

Ethereum$652,214

Revenue (Annualized)$583,450
Revenue 30d$47,808

Ethereum$47,808

Revenue 7d$9,431

Ethereum$9,431

Revenue 24h$2,977

Ethereum$2,977

Cumulative Revenue$652,214

Ethereum$652,214

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$130m

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 ($13.797b)Morpho Blue ($7.507b)SparkLend ($3.66b)Maple ($2.264b)Compound V3 ($1.114b)Venus Core Pool ($1.025b)Fluid Lending ($658.76m)Lista Lending ($616.08m)Euler V2 ($341.39m)cap ($251.3m)

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 $218.26m in total value locked. TVL has increased 11.7% 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 $47,808 in fees. Of that, $47,808 was protocol revenue. Based on the trailing year, the annualized rate is $583,450 in fees and $583,450 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 $40.039b 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 $130m in active loans.