Nolus Protocol (NLS)
Total Value Locked$2.79m
| Osmosis | $2.02m |
|---|---|
| Nolus | $620,285 |
| Neutron | $154,537 |
| Market Cap | $9.62m |
|---|---|
| $0.04 | |
| Fully Diluted Valuation | $35.28m |
| $57,948 | |
| $615,626 |
Protocol Information
Nolus is a semi-permissioned blockchain bridging lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can secure up to 150% financing on their initial investments, and access to the underlying leveraged assets through whitelisted strategies. Inspired by traditional leasing, where one pays a fraction upfront and gains ownership after repayment, Nolus' approach cuts down the DeFi sector's high over-collateralization standards. This boosts capital efficiency and offers borrowers better loan terms.
Category:Lending
Development Activity
(updated at 09/05/24)
Weekly commits: 11
Monthly commits: 17
Weekly developers: 2
Monthly developers: 4
Last commit: 4 hours ago (2024-05-09)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases