Ask about Klap
Logo of KlapKlap(KLAP)
Total Value Locked$173.14

TVL by Chain

Kaia$173.14

Key Metrics

Active Loans$0

Protocol Information

KLAP (Klaytn Lending Application) is the leading money market on Klaytn.

CategoryLending

Audits:

Twitter

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

BiFi ($7.99m)Avalon Finance ($2.76m)Shoebill V2 ($526,608)Mesher ($314,966)KlayBank ($36,565)Rhombus Protocol ($31,923)Qubit ($18,615)Shoebill V1 ($7,746)KiloLend ($25.7)