Preon Finance (PREON)

Total Value Locked

$2.85m

Chain Breakdown
Polygon	$2.37m
Arbitrum	$477,750

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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Development Activity

(updated at 12/09/24)

Weekly commits:
Monthly commits:
Weekly developers:
Monthly developers:

Last commit: a few seconds ago (2024-09-12)

Methodology

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

TVL code

Competitors

Overnight USD+ ($71.05m)Angle ($39.66m)QiDao ($18.57m)Parallel Protocol ($12.17m)mStable CDP ($3.11m)MakerDAO ($3.95b)JustStables ($1.556b)Liquity ($314.18m)lisUSD ($180.82m)Thorchain Lending ($154.71m)