Logo of Preon FinancePreon Finance(PREON)
Total Value Locked$187,395

TVL by Chain

Arbitrum$165,551

Polygon$21,844

Base$0

Protocol Information

Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (a USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%

Category:CDP

Audits:

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Methodology

TVL: Adds up the total value locked as collateral, as well as the AMO positions on Preon FinanceView code on GitHub

Competitors

Overnight Finance ($10.03m)QiDao ($2.4m)Reservoir Protocol ($39.59m)Angle ($2.01m)xDollar ($52,291)BTCFi CDP ($7.37m)Abracadabra Spell ($3.84m)mStable CDP ($3.01m)Parallel Protocol V3 ($2.07m)Parallel Protocol V2 ($493,809)