Ask about Pay Protocol

Logo of Pay ProtocolPay Protocol

Total Value Locked$2.26m

TVL by Chain

Tron$1.49m

BSC$767,273

Ethereum$0

Protocol Information

Pay Protocol is the first and only non-custodial decentralized crypto payment system. Our mission is to create and offer a secure, efficient, and true sense of decentralized payment infrastructure that empowers businesses and individuals in the Web3 industry.

WebsiteX/Twitter
Category:Payments

Methodology

TVL: The projects' idle funds stored in the smart contracts could directly contribute to TVL, as well as the funds recharged from projects or platforms like GameFi and DePin projects. And through the Defi Legos combination, Pay Protocol not only helps projects earn interest on short-term idle funds but also makes the merchants' idle funds workaround and channel back to the DeFi ecosystem through smart contracts, which could result in TVL&liquidity increasing as well.View code on GitHub

Competitors

Streamflow ($16.72m)Superfluid ($5.78m)Sablier Lockup ($2.4m)LlamaPay ($2.04m)Sablier Flow ($581,487)Sablier Legacy ($545,803)Hedgey ($8,980)UniVoucher ($198.71)Flexa ($1.04m)Lightning Network ($314.08m)

Frequently Asked Questions

What is Pay Protocol's TVL?

Pay Protocol currently has $2.26m in total value locked. TVL has increased 57.7% over the past 30 days.

What chains does Pay Protocol operate on?

Pay Protocol operates on 3 chains: Tron, BSC, and Ethereum. Tron holds the largest share at 66%.

How does Pay Protocol's TVL compare to similar protocols?

Among Payments protocols tracked by DefiLlama, Pay Protocol ranks #5 by TVL. The category holds $345.55m across 37 protocols, and Pay Protocol accounts for 0.7% of that total. Other leading protocols include Streamflow, Superfluid, Sablier Lockup, LlamaPay, Sablier Flow, Sablier Legacy, Hedgey, UniVoucher, Flexa, and Lightning Network.