Ask about Ionic Protocol
Logo of Ionic ProtocolIonic Protocol(ION)Deprecated protocol
Total Value Locked$2.04m

TVL by Chain

Mode$1.13m

Base$733,655.98

Lisk$93,950.87

OP Mainnet$61,924.49

BOB$13,701.92

Fraxtal$6,179.45

Key Metrics

Active Loans$0

$ION Liquidity$223,428

Aerodrome V1$194,449

Osmosis DEX$28,979

Protocol Information

Ionic is a decentralised non-custodial money market protocol, supported by a comprehensive security monitoring and failsafe systems. Ionic gives users the complete control over their funds while providing best interest rates on Mode Network. Ionic aims for robust and long-lasting growth, cultivating exemplary conduct among all participants for the collective benefit of every stakeholder.

Category:Lending

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Hacks

Date: Feb 4, 2025

Amount: $4m

Classification: Protocol Logic

Technique: Fake Collateral Exploit

Chains: Mode

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Ionic Protocol?

Ionic is a decentralised non-custodial money market protocol, supported by a comprehensive security monitoring and failsafe systems. Ionic gives users the complete control over their funds while providing best interest rates on Mode Network. Ionic aims for robust and long-lasting growth, cultivating exemplary conduct among all participants for the collective benefit of every stakeholder.

What is Ionic Protocol's TVL?

Ionic Protocol currently has $2.04m in total value locked. TVL has decreased 4.9% over the past 30 days.

What chains does Ionic Protocol operate on?

Ionic Protocol operates on 6 chains: Mode, Base, BOB, Fraxtal, and OP Mainnet and 1 others. Mode holds the largest share at 55.5%.

How much has been borrowed through Ionic Protocol?

Ionic Protocol currently has $0 in active loans.

Has Ionic Protocol ever been exploited?

Ionic Protocol has 1 recorded security incident. The most recent incident occurred on Feb 4, 2025 and involved $4m. It was classified as Protocol Logic.