Ask about MonoLend
Logo of MonoLendMonoLend(MLD)
Total Value Locked$5,159

TVL by Chain

Polygon$5,159

Key Metrics

Active Loans$122.48

Protocol Information

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

CategoryLending
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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 ($11.444b)Morpho Blue ($6.382b)Compound V3 ($1.007b)Fluid Lending ($576.46m)Aave V2 ($105.13m)Folks Finance xChain ($7.45m)Unitus ($6.41m)Compound Blue ($3.12m)OmniBTC ($1.76m)Teller ($1.15m)