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ProtocolsLenen

INCLUDE IN STATS:
Information
TVL

Lenen (LEN)

Total Value Locked
$580,270
Chain Breakdown
Vision$580,270
Include in TVL (optional)
$348,228
$348,228

Protocol Information

A Decentralized Lending Platform. Supply, Borrow & Earn Anytime.

Category:Lending

Forked from:Compound V3

Token Information

Address:VFt1Yjfx...

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 totalsCollaterals() 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.