Ask about Granary Finance

Logo of Granary FinanceGranary Finance(GRAIN)

Total Value Locked$183,610

TVL by Chain

OP Mainnet$108,416

Metis$56,184

Arbitrum$10,892

Avalanche$2,877

BSC$2,711

Fantom$2,528

Ethereum$1.39

Base$0.27

Key Metrics

Active Loans$593,689

Total Raised$5m

Mar 30, 2023$5mRound: Public token sale

Protocol Information

Granary Finance is a decentralized, user-driven borrowing and lending liquidity market inspired by AAVE.

GitHubX/Twitter
Category:Lending

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

Competitors

Aave V3 ($18.233b)Tarot ($727,092)Morpho Blue ($11.285b)OmniBTC ($2.19m)Impermax V2 ($603,637)Prime Protocol ($353,053)Ajna V2 ($53,586)Venus Core Pool ($1.342b)Euler V2 ($347.37m)Folks Finance xChain ($6.69m)

Frequently Asked Questions

What is Granary Finance's TVL?

Granary Finance currently has $183,610 in total value locked. TVL has increased 5.7% over the past 30 days.

What chains does Granary Finance operate on?

Granary Finance operates on 8 chains: OP Mainnet, Metis, Arbitrum, Avalanche, and BSC and 3 others. OP Mainnet holds the largest share at 59%.

How does Granary Finance's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Granary Finance ranks #205 by TVL. The category holds $55.177b across 523 protocols, and Granary Finance accounts for <0.1% of that total. Other leading protocols include Aave V3, Tarot, Morpho Blue, OmniBTC, Impermax V2, Prime Protocol, Ajna V2, Venus Core Pool, Euler V2, and Folks Finance xChain.

How much has been borrowed through Granary Finance?

Granary Finance currently has $593,689 in active loans.