Key Metrics
Staked$405,638.16
Active Loans$305,381.25
Protocol Information
An Aave v2 fork on PulseChain with noval design of risk control and governance token staking
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 GitHubCompetitors
Frequently Asked Questions
What is Phiat Protocol?
An Aave v2 fork on PulseChain with noval design of risk control and governance token staking
What is Phiat Protocol's TVL?
Phiat Protocol currently has $1.93m in total value locked. TVL has increased 10.7% over the past 30 days.
What chains does Phiat Protocol operate on?
Phiat Protocol operates on PulseChain. PulseChain holds the largest share at 100%.
How does Phiat Protocol's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Phiat Protocol ranks #100 by TVL. The category holds $40.138b across 464 protocols, and Phiat Protocol accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Phiat Protocol?
Phiat Protocol currently has $305,381.25 in active loans.