Logo of ELMAELMA(ELITE)
Total Value Locked$22.39

TVL by Chain

Fantom$22.39

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

WebsiteX/Twitter
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 ($16.893b)Tarot ($641,126.77)Impermax V2 ($571,779.03)88mph ($392,397.45)Iron Bank ($206,457.05)Fuji V1 ($197,338.08)Granary Finance ($171,646.79)Hundred Finance ($72,379.71)Trava Finance ($69,969.65)Polter Finance ($13,672.64)

Frequently Asked Questions

What is ELMA's TVL?

ELMA currently has $22.39 in total value locked. TVL has increased 6.6% 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 #446 by TVL. The category holds $50.184b across 518 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.