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ProtocolsKlap

INCLUDE IN STATS:
Information
TVL

Klap (KLAP)

Total Value Locked
$140.84
Chain Breakdown
Klaytn$140.84
Include in TVL (optional)
$1.17m
Market Cap
$6,211
$0.0003
Fully Diluted Valuation
$260,951
$10,693
$1.17m

Protocol Information

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

Category:Lending

Forked from:AAVE V2

Audits
:

Token Information

Address:0xd10906...687d09

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.