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ProtocolsKlap

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INCLUDE IN TVL:

Klap (KLAP)

Total Value Locked$15.86m

  .csv
Include in TVL (optional)
$8.19m

Information

Protocol Information

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

Category: Lending

Forked from:Aave

:

Token Information

Address:klaytn:0...b5907b

Methodology

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

TVL Charts

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