Ask about Davos Protocol

Logo of Davos ProtocolDavos Protocol

Total Value Locked$25,642

TVL by Chain

BSC$9,618

Ethereum$7,341

Polygon$6,229

Linea$1,354

OP Mainnet$585.99

Arbitrum$513.07

Mode$1.14

Polygon zkEVM$0

Protocol Information

Davos Protocol is a pioneering DeFi platform that revolutionizes the use of collateral in the cryptocurrency space. It uniquely integrates Liquid Staking Tokens (LSTs) and Liquid ReStaking Tokens (LRTs) as collateral for its Collateralized Debt Positions (CDPs), enabling users to borrow its versatile omnichain stablecoin, DUSD. By aligning Loan-to-Value (LTV) ratios with the risk profile of each collateral type, Davos offers a balanced and secure borrowing experience. Users can capitalize on their staked assets, maintain rewards, and explore compounded yield opportunities across various DeFi activities. Emphasizing user-centric governance and innovation, Davos Protocol is at the forefront of advancing DeFi composability and sustainable yield generation

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Category:CDP

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

QiDao ($2.43m)Overnight Finance ($9.98m)Angle ($1.82m)Gravita Protocol ($437,759)Reservoir Protocol ($71.7m)Abracadabra Spell ($5.04m)xDollar ($173,066)MahaDAO Arth ($21,642)Deaderal Reserve Protocol ($3,172)USDD ($1.247b)

Frequently Asked Questions

What is Davos Protocol's TVL?

Davos Protocol currently has $25,642 in total value locked. TVL has increased 8.4% over the past 30 days.

What chains does Davos Protocol operate on?

Davos Protocol operates on 8 chains: BSC, Ethereum, Polygon, Linea, and OP Mainnet and 3 others. BSC holds the largest share at 37.5%.

How does Davos Protocol's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Davos Protocol ranks #108 by TVL. The category holds $8.074b across 199 protocols, and Davos Protocol accounts for <0.1% of that total. Other leading protocols include QiDao, Overnight Finance, Angle, Gravita Protocol, Reservoir Protocol, Abracadabra Spell, xDollar, MahaDAO Arth, Deaderal Reserve Protocol, and USDD.