Key Metrics
Total Raised$5m
Aug 19, 2019$800,000Round: SeedInvestors: LAUNCH, Rebel Fund, Y Combinator
Aug 1, 2020$1.2mRound: SeedInvestors: Hustle Fund
Mar 9, 2021$3mRound: Debt Financing
Protocol Information
Fractionalized real estate on Algorand.
Category:RWA
Sub Category: Real Estate
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Frequently Asked Questions
What is Lofty's TVL?
Lofty currently has $100.56m in total value locked. TVL has increased 0.5% over the past 30 days.
What chains does Lofty operate on?
Lofty operates on Algorand. Algorand holds the largest share at 100%.
How does Lofty's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Lofty ranks #31 by TVL. The category holds $27.872b across 150 protocols, and Lofty accounts for 0.4% of that total. Other leading protocols include Meld Gold, ASA.Gold, BlackRock BUIDL, Tether Gold, Circle USYC, Ondo Yield Assets, Spiko, Paxos Gold, Centrifuge Protocol, and WisdomTree.