Ask about NoRekt
Logo of NoRektNoRekt
Total Value Locked$10,202

TVL by Chain

Arbitrum$10,202

Key Metrics

Active Loans$27.58

Protocol Information

NoRekt is a hedged lending protocol that lets users borrow USDC against ETH collateral while using option-based protection to reduce liquidation risk.

CategoryLending
Twitter

Methodology

TVL: TVL is calculated as the USDC held in the NoRekt liquidity pool plus WETH collateral held in the collateral contract. Borrowed is calculated from the USDC pool's totalBorrows() view function, which includes outstanding principal and accrued unpaid interest.View code on GitHub

Competitors

Aave V3 ($11.611b)Morpho Blue ($6.537b)Compound V3 ($1.019b)Venus Core Pool ($985.73m)Fluid Lending ($576.14m)Euler V2 ($271.78m)Dolomite ($194.64m)Curve LlamaLend ($62.37m)Native Credit Pool ($33.11m)TermMax ($31.4m)