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Logo of ElaraElara
Total Value Locked$10,239

TVL by Chain

Zircuit$10,239

Key Metrics

Fees (Annualized)$78,751
Fees 30d$5,062

Ethereum$5,061

Zircuit$1

Fees 7d$5,062

Ethereum$5,061

Zircuit$1

Fees 24h$0

Ethereum$0

Cumulative Fees$196,176

Zircuit$191,115

Ethereum$5,061

Revenue (Annualized)$19,914
Revenue 30d$1,484

Ethereum$1,484

Zircuit$0

Revenue 7d$1,484

Ethereum$1,484

Zircuit$0

Revenue 24h$0

Ethereum$0

Cumulative Revenue$49,273

Zircuit$47,789

Ethereum$1,484

Holders Revenue (Annualized)$47,376
Cumulative Holders Revenue$47,401

Zircuit$47,401

Collateral Liquidated 30d$191
Collateral Liquidated 30d by chain

Zircuit$191

Collateral Liquidated 7d$169

Zircuit$169

Collateral Liquidated 24h$0

Zircuit$0

Cumulative Collateral Liquidated$191

Zircuit$191

Active Loans$725.55

Protocol Information

The first native lending protocol on ZircuitL2, built with cutting-edge modularity. Shaping the future of DeFi with transformative lending innovations.

Category:Lending

Audits:

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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 GitHubFees: Redemption fees, management fees, performance fees, and elUSD yield distributed to stakers.View code on GitHubRevenue: Redemption fees retained by the treasury wallet, management fees accrued by the vault, and performance fees collected by the vault.View code on GitHubHolders Revenue: View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidateBorrow events, converted from cToken units to underlying via exchangeRateStored.View code on GitHub

Competitors

Morpho Blue ($7.362b)ZeroLend Lending ($3.32m)Avalon USDaLend ($57,555)