Active loans are not included in TVL by default, to include them toggle Active Loans. For more info on this click here.

Ask about OpenFi
Logo of OpenFiOpenFi
Total Value Locked$174.78

TVL by Chain

BSC$163.16

Pharos$11.62

Key Metrics

Active Loans$9.61

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

GitHubTwitter

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