Active loans are not included in TVL by default, to include them toggle Active Loans. For more info on this click here.
Total Value Locked$175.98
TVL by Chain
BSC$164.12
Pharos$11.86
Key Metrics
Active Loans$9.63
Protocol Information
OpenFi is a lending protocol bridging Real World Assets to DeFi, allowing users to supply and borrow RWA-backed and crypto assets.
Category:RWA 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 GitHubFrequently Asked Questions
What is OpenFi?
OpenFi is a lending protocol bridging Real World Assets to DeFi, allowing users to supply and borrow RWA-backed and crypto assets.
What is OpenFi's TVL?
OpenFi currently has $175.98 in total value locked. TVL has increased 0.6% over the past 30 days.
What chains does OpenFi operate on?
OpenFi operates on 2 chains: BSC and Pharos. BSC holds the largest share at 93.3%.
How does OpenFi's TVL compare to similar protocols?
Among RWA Lending protocols tracked by DefiLlama, OpenFi ranks #19 by TVL. The category holds $926.07m across 25 protocols, and OpenFi accounts for <0.1% of that total. Other leading protocols include Aave, Pareto, and Figure Markets.
How much has been borrowed through OpenFi?
OpenFi currently has $9.63 in active loans.