Ask about Phase

Logo of PhasePhase(CASH)

Total Value Locked$95.16

TVL by Chain

Base$95.16

Key Metrics

Staked$0

Protocol Information

Phase aims to be a liquidity platform, allowing users to borrow a rock-solid stablecoin while earning yield at the same time. Using your collateral, even while borrowing CASH, you can earn interest.

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Category:CDP

Audits:

Methodology

TVL: Counts the TVL of the Phase vaults. Counts total borrows. Counts $CASH in the bond.View code on GitHub

Competitors

Reservoir Protocol ($70.62m)BTCFi CDP ($7.61m)QiDao ($2.29m)Parallel Protocol V3 ($831,665)Base Dollar ($253,852)Preon Finance ($247,337)Vaultedge ($215,005)Meridian Finance ($44,393)Button Wrappers ($30,894)Deaderal Reserve Protocol ($2,978)

Frequently Asked Questions

What is Phase's TVL?

Phase currently has $95.16 in total value locked. TVL has increased 2.3% over the past 30 days.

What chains does Phase operate on?

Phase operates on Base. Base holds the largest share at 100%.

How does Phase's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Phase ranks #169 by TVL. The category holds $8.13b across 199 protocols, and Phase accounts for <0.1% of that total. Other leading protocols include Reservoir Protocol, BTCFi CDP, QiDao, Parallel Protocol V3, Base Dollar, Preon Finance, Vaultedge, Meridian Finance, Button Wrappers, and Deaderal Reserve Protocol.