Ask about Jolt
Logo of JoltJolt(JOLT)
Total Value Locked$122.95

TVL by Chain

OP Mainnet$122.95

Key Metrics

Active Loans$15.17

Protocol Information

Jolt Finance is a permissionless Aave V2 style lending and borrowing protocol on Optimism, enabling users to supply assets for yield or borrow against collateral. It is security-focused, restricts smart contracts from borrowing, employs conservative risk parameters, and uses multisig-controlled, timelocked governance for upgrades. Users also earn reward tokens that provide protocol revenue share.

CategoryLending
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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 ($11.809b)Morpho Blue ($6.541b)Compound V3 ($1.034b)Venus Core Pool ($1.023b)EtherFi Borrowing Market ($149.38m)Curve LlamaLend ($63.78m)Moonwell Lending ($43.82m)Gearbox ($18.54m)40 Acres ($13.59m)Unitus ($6.44m)