Logo of ELMAELMA(ELITE)
Total Value Locked$21.72

TVL by Chain

Fantom$21.72

Protocol Information

Elite Lending Market Aggregator, aka ELMA, leverages Bribe Markets to Boost Lending Yields by Splitting a Re-Deposited Asset into a user-stakeable PT & a YT thats bribed

WebsiteTwitter
Category:Lending

Methodology

TVL: Principal Tokens (PT) are always 1:1 mintable & redeemable with Underlying Tokens (UT). TVL is Total Market Cap of all PT, where 1 PT = 1 UT.View code on GitHub

Competitors

Aave V3 ($17.2b)Tarot ($608,653.04)Impermax V2 ($597,287.65)88mph ($359,553.09)Iron Bank ($214,377.55)Fuji V1 ($199,995.2)Granary Finance ($172,541.47)Hundred Finance ($73,554.17)Trava Finance ($69,717.06)Polter Finance ($12,433.93)

Frequently Asked Questions

What is ELMA's TVL?

ELMA currently has $21.72 in total value locked. TVL has decreased 1.3% over the past 30 days.

What chains does ELMA operate on?

ELMA operates on Fantom. Fantom holds the largest share at 100%.

How does ELMA's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, ELMA ranks #453 by TVL. The category holds $49.419b across 515 protocols, and ELMA accounts for <0.1% of that total. Other leading protocols include Aave V3, Tarot, Impermax V2, 88mph, Iron Bank, Fuji V1, Granary Finance, Hundred Finance, Trava Finance, and Polter Finance.