Key Metrics
Incentives 1y$0
$0
$0
$0
$0
Active Loans$939,778.72
$EXA Liquidity$262,702
Velodrome V2$262,702
Treasury$184.88
$0
Stablecoins$4.08
Own Tokens$0
Others$180.8
Total Raised$7m
Aug 12, 2021$3mRound: SeedInvestors: 6th Man Ventures, Baires DAO, Newtopia VC, Kaszek, NXTP Ventures
Jan 12, 2023$2mRound: Private RoundInvestors: Kain Warwick, Esteban Ordano, Bodhi Ventures, Newtopia VC, NXTP Ventures, Kaszek Ventures
Mar 14, 2025$2mRound: Investors: Uphold
Protocol Information
Exactly is a decentralized, non-custodial, open-source protocol that provides an autonomous fixed and variable interest rate market, enabling users to frictionlessly exchange their assets' time value and complete the DeFi credit market.
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 GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Treasury: Value of tokens owned by the protocolYields
Pools Tracked9
Average Supply APY1.56%
Hacks
Date: Aug 18, 2023
Amount: $7.2m
Classification: Protocol Logic
Technique: DebtManager Exploit
Chains: Optimism
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Exactly?
Exactly is a decentralized, non-custodial, open-source protocol that provides an autonomous fixed and variable interest rate market, enabling users to frictionlessly exchange their assets' time value and complete the DeFi credit market.
What is Exactly's TVL?
Exactly currently has $5.14m in total value locked. TVL has increased 20.1% over the past 30 days.
What chains does Exactly operate on?
Exactly operates on 3 chains: Ethereum, OP Mainnet, and Base. Base holds the largest share at 51.3%.
How does Exactly's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Exactly ranks #75 by TVL. The category holds $40.045b across 466 protocols, and Exactly accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Exactly?
Exactly currently has $939,778.72 in active loans.
Does Exactly have a treasury?
Exactly has a tracked treasury currently valued at $184.88. Its holdings include $4.08 in stablecoins, $180.8 in other assets.
Has Exactly ever been exploited?
Exactly has 1 recorded security incident. The most recent incident occurred on Aug 18, 2023 and involved $7.2m. It was classified as Protocol Logic.