Preon Finance (PREON)

Total Value Locked

$5.39m

Chain Breakdown
Polygon	$4.85m
Arbitrum	$543,036

TVLUSD InflowsTweets

USD MATIC

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

Forked from:Liquity

Audits

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Methodology

TVL: Adds up the total value locked as collateral on the Preon Finance

TVL code

Competitors

Overnight USD+ ($66.88m)Angle ($32.43m)Parallel Protocol ($29.59m)QiDao ($26.85m)mStable CDP ($3.31m)MakerDAO ($6.013b)JustStables ($1.376b)Liquity ($700.68m)Helio Protocol ($240.12m)crvUSD ($204.91m)