Ask about ElaraTotal Value Locked$9,866.89
TVL by Chain
Zircuit$9,866.89
Key Metrics
Collateral Liquidated 30d$385
Collateral Liquidated 30d by chain
Zircuit$385
Cumulative Collateral Liquidated$385
Zircuit$385
Active Loans$697.48
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:
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 GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidateBorrow events, converted from cToken units to underlying via exchangeRateStored.View code on GitHubCompetitors
Frequently Asked Questions
What is Elara?
The first native lending protocol on ZircuitL2, built with cutting-edge modularity. Shaping the future of DeFi with transformative lending innovations.
What is Elara's TVL?
Elara currently has $9,866.89 in total value locked. TVL has decreased 6.8% over the past 30 days.
What chains does Elara operate on?
Elara operates on Zircuit. Zircuit holds the largest share at 100%.
How does Elara's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Elara ranks #296 by TVL. The category holds $41.107b across 466 protocols, and Elara accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Elara?
Elara currently has $697.48 in active loans.