Logo of Preon Finance

Preon Finance(PREON)

Total Value Locked$200,337

TVL by Chain

Arbitrum$178,811

Polygon$21,526

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:

Preon Finance history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 6, 2023 to Nov 11, 2026.

All-time high TVL: $7.29m on Mar 29, 2024. All-time low TVL: $1 on Aug 6, 2023.

Daily TVL, Oct 13, 2026 to Nov 11, 2026

DateTVL
Oct 13, 2026$237,543
Oct 14, 2026$243,720
Oct 15, 2026$236,668
Oct 16, 2026$238,625
Oct 17, 2026$236,985
Oct 18, 2026$235,601
Oct 19, 2026$235,975
Oct 20, 2026$223,170
Oct 21, 2026$227,031
Oct 22, 2026$229,142
Oct 23, 2026$222,212
Oct 24, 2026$221,248
Oct 25, 2026$219,870
Oct 26, 2026$217,447
Oct 27, 2026$217,422
Oct 28, 2026$219,542
Oct 29, 2026$219,921
Oct 30, 2026$211,566
Oct 31, 2026$212,641
Nov 1, 2026$213,727
Nov 2, 2026$214,495
Nov 3, 2026$212,583
Nov 4, 2026$213,377
Nov 5, 2026$226,021
Nov 6, 2026$212,313
Nov 7, 2026$212,071
Nov 8, 2026$211,442
Nov 9, 2026$203,859
Nov 10, 2026$203,090
Nov 11, 2026$197,662

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$3.56m
Jan 31, 2025$3.08m
Feb 28, 2025$731,665
Mar 31, 2025$643,189
Apr 30, 2025$582,283
May 31, 2025$608,435
Jun 30, 2025$473,635
Jul 31, 2025$616,605
Aug 31, 2025$684,221
Sep 30, 2025$668,876
Oct 31, 2025$596,798
Nov 30, 2025$351,633
Dec 31, 2025$331,482
Jan 31, 2026$294,532
Feb 28, 2026$225,762
Mar 31, 2026$224,979
Apr 30, 2026$233,700
May 31, 2026$213,206
Jun 30, 2026$181,013
Jul 31, 2026$201,582
Aug 31, 2026$244,744
Sep 30, 2026$261,852
Oct 31, 2026$212,641
Nov 11, 2026 (latest)$197,662

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$2.86m
Dec 31, 2024$3.56m
Dec 31, 2025$331,482

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/preon-finance

Frequently asked questions

What is Preon Finance's TVL?

As of Nov 11, 2026, Preon Finance has $200,337 in total value locked. TVL has decreased 18.9% over the past 30 days.

What chains does Preon Finance operate on?

Preon Finance operates on 3 chains: Arbitrum, Polygon, and Base. Arbitrum holds the largest share at 89.3%.

How does Preon Finance's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Preon Finance ranks #67 by TVL. The category holds $5.883b across 197 protocols, and Preon Finance accounts for <0.1% of that total. Similar protocols include QiDao, Reservoir Protocol, Angle, xDollar, Button Wrappers, Davos Protocol, Deaderal Reserve Protocol, BTCFi CDP, Abracadabra Spell, and mStable CDP.