Ask about Flex
Flex
Total Value Locked$1.11m
TVL by Chain
Ethereum$1.11m
Key Metrics
Fees 30d$3,573.51
Fees 30d by chain
Ethereum$3,573.51
Fees 7d$779
Ethereum$779
Fees 24h$112
Ethereum$112
Cumulative Fees$13,989.22
Ethereum$13,989.22
Revenue 30d$357.27
Revenue 30d by chain
Ethereum$357.27
Revenue 7d$77.89
Ethereum$77.89
Revenue 24h$11.21
Ethereum$11.21
Cumulative Revenue$451.21
Ethereum$451.21
Active Loans$941,175.5
Protocol Information
Flex is a fixed-rate money market where borrowers choose their own interest rate
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's TVL?
Flex currently has $1.11m in total value locked. TVL has increased 6.6% 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 $3,573.51 in fees. Of that, $357.27 was protocol revenue. Based on the trailing year, the annualized rate is $37,519.89 in fees and $1,189.63 in revenue.
How does Flex's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Flex ranks #130 by TVL. The category holds $55.135b across 520 protocols, and Flex accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, SparkLend, Maple, Compound V3, Venus Core Pool, Lista Lending, Fluid Lending, Aave V4, and Dolomite.
How much has been borrowed through Flex?
Flex currently has $941,175.5 in active loans.