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Logo of ExactlyExactly(EXA)
Total Value Locked$5.14m

TVL by Chain

Base$2.63m

OP Mainnet$2.5m

Ethereum$44.66

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 GitHub

Incentives: 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 protocol

Yields

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.