Logo of MonoLendMonoLend(MLD)
Total Value Locked$5,868.83

TVL by Chain

Polygon$5,868.83

Key Metrics

Active Loans$129.28

$MLD Liquidity$10,785

Osmosis DEX$10,785

Protocol Information

MonoLend is the lending market platform on Polygon, home of $MLD token: deposit collateral and farm WBTC WETH and stables

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Category:Lending

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.View code on GitHub

Competitors

Aave V3 ($17.038b)Morpho Blue ($9.447b)Compound V3 ($1.403b)Fluid Lending ($739.9m)Aave V2 ($110.31m)Unitus ($6.33m)Folks Finance xChain ($5.45m)OmniBTC ($1.77m)Teller ($1.19m)dForce Lending ($1.03m)

Frequently Asked Questions

What is MonoLend's TVL?

MonoLend currently has $5,868.83 in total value locked. TVL has increased 9% over the past 30 days.

What chains does MonoLend operate on?

MonoLend operates on Polygon. Polygon holds the largest share at 100%.

How does MonoLend's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, MonoLend ranks #352 by TVL. The category holds $49.125b across 515 protocols, and MonoLend accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Compound V3, Fluid Lending, Aave V2, Unitus, Folks Finance xChain, OmniBTC, Teller, and dForce Lending.

How much has been borrowed through MonoLend?

MonoLend currently has $129.28 in active loans.