Information
TVL
Klap (KLAP)
Total Value Locked$133.26
Kaia | $133.26 |
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Include in TVL (optional) | |
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$2.13m |
$2.13m |
Protocol Information
KLAP (Klaytn Lending Application) is the leading money market on Klaytn.
Category:Lending
Forked from:AAVE V2
Audits
:Development Activity
(updated at 08/11/24)
Weekly commits:
Monthly commits:
Weekly developers:
Monthly developers:
Last commit: a few seconds ago (2024-11-08)
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.