Ask about LendeXe Finance
Logo of LendeXe FinanceLendeXe Finance(LEXE)
Total Value Locked$10,594.09

TVL by Chain

Ethereum$10,594.09

Key Metrics

Active Loans$8,431.87

Protocol Information

LendeXe is a Web3 ecosystem of various innovative DeFi applications. At the center of LendeXe's vision is the XSD Stablecoin. This stablecoins is backed by the three largest other Stablecoins: USDT, USDC, BUSD. Even if one of these Stablecoins were to implode for some unknown reason, there are safety mechanics designed for such unlikely cases. In addition, XSD can be used as collateral for the Lendexe Decentralized Lending Protocol. Around the XSD Stablecoin, Lendexe has created a variety of products that allow anyone to secure their crypto assets or create passive income with them. From LendeXe Lending to the Ultimate Loan (a loan for 1.5x the value of your collateral

Category:Lending

Audits:

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.. TVL is calculated by getting the market addresses from comptroller and calling the getCash() on-chain method to get the amount of tokens locked in each of these addresses, then we get the price of each token from coingecko.View code on GitHub

User Activity

Active Addresses (24h)0

New Addresses (24h)0

Transactions (24h)0

Gas Used (24h)0 ETH

Gas Cost (24h)$0

Competitors

Frequently Asked Questions

What is LendeXe Finance?

LendeXe is a Web3 ecosystem of various innovative DeFi applications. At the center of LendeXe's vision is the XSD Stablecoin. This stablecoins is backed by the three largest other Stablecoins: USDT, USDC, BUSD. Even if one of these Stablecoins were to implode for some unknown reason, there are safety mechanics designed for such unlikely cases. In addition, XSD can be used as collateral for the Lendexe Decentralized Lending Protocol. Around the XSD Stablecoin, Lendexe has created a variety of products that allow anyone to secure their crypto assets or create passive income with them. From LendeXe Lending to the Ultimate Loan (a loan for 1.5x the value of your collateral

What is LendeXe Finance's TVL?

LendeXe Finance currently has $10,594.09 in total value locked. TVL has increased 0.5% over the past 30 days.

What chains does LendeXe Finance operate on?

LendeXe Finance operates on Ethereum. Ethereum holds the largest share at 100%.

How does LendeXe Finance's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, LendeXe Finance ranks #292 by TVL. The category holds $41.562b across 467 protocols, and LendeXe Finance accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through LendeXe Finance?

LendeXe Finance currently has $8,431.87 in active loans.