Ask about Palmy FinanceProtocol Information
Palmy Finance is the first lending protocol backed by Oasys Network.
Category:Lending
Audits:
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 Palmy Finance?
Palmy Finance is the first lending protocol backed by Oasys Network.
What is Palmy Finance's TVL?
Palmy Finance currently has $19,259.59 in total value locked. TVL has increased 52% over the past 30 days.
What chains does Palmy Finance operate on?
Palmy Finance operates on Oasys. Oasys holds the largest share at 100%.
How does Palmy Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Palmy Finance ranks #271 by TVL. The category holds $41.153b across 467 protocols, and Palmy Finance accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Palmy Finance?
Palmy Finance currently has $561.47 in active loans.