Ask about EraLend
Logo of EraLendEraLend
Total Value Locked$35.59

TVL by Chain

Telos$35.59

ZKsync Era$0.0021

Key Metrics

Active Loans$18.83

Protocol Information

Eralend (previous nexon finance) is a decentralized lending protocol designed to maximize capital efficiency while minimizing the risks associated with the dependency on external liquidity & oracles. This will allow users to lend and borrow crypto assets more efficiently than any existing solutions in the market.

Category:Lending

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Hacks

Date: Jul 25, 2023

Amount: $3.4m

Classification: Protocol Logic

Technique: Reentrancy

Chains: zkSync Era

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is EraLend?

Eralend (previous nexon finance) is a decentralized lending protocol designed to maximize capital efficiency while minimizing the risks associated with the dependency on external liquidity & oracles. This will allow users to lend and borrow crypto assets more efficiently than any existing solutions in the market.

What is EraLend's TVL?

EraLend currently has $35.59 in total value locked. TVL has increased 1.7% over the past 30 days.

What chains does EraLend operate on?

EraLend operates on 2 chains: ZKsync Era and Telos. Telos holds the largest share at 100%.

How does EraLend's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, EraLend ranks #408 by TVL. The category holds $40.207b across 464 protocols, and EraLend accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through EraLend?

EraLend currently has $18.83 in active loans.

Has EraLend ever been exploited?

EraLend has 1 recorded security incident. The most recent incident occurred on Jul 25, 2023 and involved $3.4m. It was classified as Protocol Logic.