Ask about Lofty

Logo of LoftyLofty

Total Value Locked$101.08m

TVL by Chain

Algorand$101.08m

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.

WebsiteX/Twitter
Category:RWA

Sub Category: Real Estate

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Meld Gold ($9.74m)ASA.Gold ($29,853)Invesco USTB ($546.1m)Ethena USDtb ($491.82m)Re ($388.89m)Huma ($375.71m)Anemoy Capital ($334.03m)OnRe ($296.58m)OpenTrade ($267.22m)Plume Vaults ($220.68m)

Frequently Asked Questions

What is Lofty's TVL?

Lofty currently has $101.08m 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 #15 by TVL. The category holds $4.531b across 172 protocols, and Lofty accounts for 2.2% of that total. Other leading protocols include Meld Gold, ASA.Gold, Invesco USTB, Ethena USDtb, Re, Huma, Anemoy Capital, OnRe, OpenTrade, and Plume Vaults.