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

TVL by Chain

Mode$1.13m

Base$733,656

Lisk$93,951

OP Mainnet$61,924

BOB$13,702

Fraxtal$6,179

Key Metrics

Active Loans$0

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.

CategoryLending

Audits:

WebsiteGitHubTwitter

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

Morpho Blue ($7.665b)Avalon Finance ($1.73m)Ajna V2 ($581,302)Aave V3 ($14.494b)Compound V3 ($1.29b)Venus Core Pool ($1.223b)Fluid Lending ($833.84m)Euler V2 ($343.73m)EtherFi Borrowing Market ($163.44m)TermMax ($71.36m)