Ask about Lava
Logo of LavaLavaDeprecated protocol
Total Value Locked$380.41

TVL by Chain

Base$208.45

Arbitrum$171.96

Key Metrics

Fees (Annualized)$177,890
Fees 30d$0

Arbitrum$0

Fees 7d$0

Arbitrum$0

Fees 24h$0

Arbitrum$0

Cumulative Fees$5.05m

Arbitrum$5.05m

Revenue (Annualized)$35,577
Revenue 30d$0

Arbitrum$0

Revenue 7d$0

Arbitrum$0

Revenue 24h$0

Arbitrum$0

Cumulative Revenue$526,595

Arbitrum$526,595

Collateral Liquidated 30d$0
Collateral Liquidated 30d by chain

Arbitrum$0

Collateral Liquidated 7d$0

Arbitrum$0

Collateral Liquidated 24h$0

Arbitrum$0

Cumulative Collateral Liquidated$0

Arbitrum$0

Active Loans$0

Protocol Information

Decentralised, non-custodial, multichain liquidity optimisation. Lend, borrow, lever liquidity positions from Uniswap, Curve, GMX, and more.

Category:Lending

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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 GitHubFees: Interest paid by borrowersView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidationCall events.View code on GitHub

Hacks

Date: Mar 29, 2024

Amount: $340,000

Classification: Protocol Logic

Technique: Calculation Error in Liquidation Engine

Chains: Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Date: Oct 4, 2024

Amount: $130,000

Classification: Protocol Logic

Technique: Flashloan Exploit

Chains: Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Aave V3 ($13.803b)Morpho Blue ($7.687b)Compound V3 ($1.123b)Venus Core Pool ($1.047b)Fluid Lending ($655.1m)Euler V2 ($364.99m)Dolomite ($242.16m)Curve LlamaLend ($62.46m)Moonwell Lending ($45.2m)Native Credit Pool ($39.39m)

Frequently Asked Questions

What is Lava?

Decentralised, non-custodial, multichain liquidity optimisation. Lend, borrow, lever liquidity positions from Uniswap, Curve, GMX, and more.

What is Lava's TVL?

Lava currently has $380.41 in total value locked. TVL has increased 6% over the past 30 days.

What chains does Lava operate on?

Lava operates on 2 chains: Arbitrum and Base. Base holds the largest share at 54.8%.

How much has Lava generated in fees and revenue?

Over the past 30 days, Lava generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $177,890 in fees and $35,577 in revenue.

How much has been borrowed through Lava?

Lava currently has $0 in active loans.

Has Lava ever been exploited?

Lava has 2 recorded security incidents. The most recent incident occurred on Oct 4, 2024 and involved $130,000. It was classified as Protocol Logic.