Ask about Phiat Protocol
Logo of Phiat ProtocolPhiat Protocol(PHIAT)
Total Value Locked$1.77m

TVL by Chain

PulseChain$1.77m

Key Metrics

Staked$274,933

Active Loans$276,775

Protocol Information

An Aave v2 fork on PulseChain with noval design of risk control and governance token staking

Category:Lending

Audits:

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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

Competitors

BetterLend ($13,050)Nexion Lending ($1,825)BetterBank ($0.66)