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Logo of ElaraElara
Total Value Locked$10,023

TVL by Chain

Zircuit$10,023

Key Metrics

Fees (Annualized)$77,323
Fees 30d$5,399

Ethereum$5,398

Zircuit$1

Fees 7d$5,398

Ethereum$5,398

Fees 24h$166

Ethereum$166

Cumulative Fees$196,679

Zircuit$191,115

Ethereum$5,564

Revenue (Annualized)$19,518
Revenue 30d$1,530

Ethereum$1,530

Zircuit$0

Revenue 7d$1,530

Ethereum$1,530

Revenue 24h$30

Ethereum$30

Cumulative Revenue$49,349

Zircuit$47,789

Ethereum$1,560

Holders Revenue (Annualized)$47,235
Cumulative Holders Revenue$47,401

Zircuit$47,401

Collateral Liquidated 30d$298
Collateral Liquidated 30d by chain

Zircuit$298

Collateral Liquidated 7d$209

Zircuit$209

Collateral Liquidated 24h$0

Zircuit$0

Cumulative Collateral Liquidated$298

Zircuit$298

Active Loans$712.22

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 ($7.455b)ZeroLend Lending ($3.24m)Avalon USDaLend ($57,113)