Loop

Total Value Locked$84,238

TVL by Chain

Ethereum$37,403

XDC$34,232

BSC$7,239

Scroll$5,364

Protocol Information

Loop is a dedicated lending market for Ethereum carry trades. Users can supply a long tail of Liquid Restaking derivatives (e.g., Pendle LP tokens) as collateral to borrow ETH for increased yield and points exposure

Website GitHub X/Twitter

Category:Leveraged Farming

Audits:

Methodology

TVL: Counts the number of deposited tokens in the Prelaunch Contracts and the tokens provided as collateral in the Loop Protocol

Competitors

Yield Basis ($130.51m)Origami Finance ($57.6m)3F ($41.41m)Alpaca Leveraged Yield Farming ($35.27m)AirPuff ($674,127)Arcadia V1 ($24,028)Yieldoor ($17,250)VII Finance ($10,953)LTV Protocol ($10,627)Zenith ($3,088)

Frequently asked questions

What is Loop's TVL?

Loop currently has $84,238 in total value locked. TVL has decreased 9.5% over the past 30 days.

What chains does Loop operate on?

Loop operates on 4 chains: Ethereum, XDC, BSC, and Scroll. Ethereum holds the largest share at 44.4%.

How does Loop's TVL compare to similar protocols?

Among Leveraged Farming protocols tracked by DefiLlama, Loop ranks #11 by TVL. The category holds $297.3m across 40 protocols, and Loop accounts for <0.1% of that total. Other leading protocols include Yield Basis, Origami Finance, 3F, Alpaca Leveraged Yield Farming, AirPuff, Arcadia V1, Yieldoor, VII Finance, LTV Protocol, and Zenith.