Ask about Gro
Logo of GroGro(GRO)
Total Value Locked$1.78m

TVL by Chain

Ethereum$1.76m

Avalanche$25,558.43

Key Metrics

Staked$0

Total Raised$7.1m

Mar 30, 2021$7.1mRound: SeedInvestors: A.Capital Ventures, Framework Ventures, Galaxy Digital, Nascent, Northzone, 3AC, Variant Fund

Protocol Information

Gro protocol is a stablecoin yield aggregator that tranches risk and yield. The first two products built on it are the PWRD stablecoin with deposit protection and yield, and Vault with leveraged stablecoin yields.

Category:Yield

Audits:

Twitter

Methodology

TVL: Assets held within the GRO Protocol - either within the PWRD or Vault (GVT) products, or staked in the Gro Protocol pools. Avax TVL is the sum of tokens locked in Gro Labs.View code on GitHub

Competitors

Pendle ($1.195b)Spark Savings ($1.134b)Stake DAO ($111.96m)Multipli.fi ($55.35m)Spectra V2 ($31.85m)Convex Finance ($477.28m)Lorenzo sUSD1+ ($86.39m)Strata Markets ($78.45m)Yuzu Money ($66.31m)Concentrator ($61.56m)

Frequently Asked Questions

What is Gro?

Gro protocol is a stablecoin yield aggregator that tranches risk and yield. The first two products built on it are the PWRD stablecoin with deposit protection and yield, and Vault with leveraged stablecoin yields.

What is Gro's TVL?

Gro currently has $1.78m in total value locked. TVL has increased <0.1% over the past 30 days.

What chains does Gro operate on?

Gro operates on 2 chains: Ethereum and Avalanche. Ethereum holds the largest share at 98.6%.

How does Gro's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Gro ranks #60 by TVL. The category holds $4.372b across 554 protocols, and Gro accounts for <0.1% of that total. Other leading protocols include Pendle, Spark, and Convex Finance.