Key Metrics
Fees (Annualized)$40,339.59
Fees 30d$3,992.67
Ethereum$3,992.67
Fees 7d$773.67
Ethereum$773.67
Fees 24h$38.18
Ethereum$38.18
Cumulative Fees$9,542.85
Ethereum$9,542.85
Revenue (Annualized)$21.22
Revenue 30d$0
Ethereum$0
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$5
Ethereum$5
Active Loans$266,152.75
Protocol Information
Flex is a fixed-rate money market where borrowers choose their own interest rate
Category:Lending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Borrow interest paid by borrowers on outstanding debt, plus upfront fees charged on opening or increasing a Trove and on premature interest-rate adjustments.View code on GitHubRevenue: Performance fee retained by the protocol, read live from each market's lender vault.View code on GitHubCompetitors
Frequently Asked Questions
What is Flex?
Flex is a fixed-rate money market where borrowers choose their own interest rate
What is Flex's TVL?
Flex currently has $782,969.55 in total value locked. TVL has decreased 20.7% over the past 30 days.
What chains does Flex operate on?
Flex operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Flex generated in fees and revenue?
Over the past 30 days, Flex generated $3,992.67 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $40,339.59 in fees and $21.22 in revenue.
How does Flex's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Flex ranks #125 by TVL. The category holds $41.111b across 467 protocols, and Flex accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Flex?
Flex currently has $266,152.75 in active loans.

