Protocol Information
Credit is an undercollateralized peer-to-pool lending protocol on World Chain
Category:Lending
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubYields
Pools Tracked1
Average Supply APY48.77%
Competitors
Frequently Asked Questions
What is Credit's TVL?
Credit currently has $13,188.4 in total value locked. TVL has decreased 90.5% over the past 30 days.
What chains does Credit operate on?
Credit operates on World Chain. World Chain holds the largest share at 100%.
How does Credit's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Credit ranks #319 by TVL. The category holds $50.314b across 516 protocols, and Credit accounts for <0.1% of that total. Other leading protocols include Morpho Blue, Capyfi, PWN, Aave V3, SparkLend, JustLend V1, Maple, Compound V3, Venus Core Pool, and Kamino Lend.
How much has been borrowed through Credit?
Credit currently has $664,243.94 in active loans.