Logo of Preon FinancePreon Finance(PREON)
Total Value Locked$200,119.51

TVL by Chain

Arbitrum$179,116.11

Polygon$21,003.4

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 ($10.06m)QiDao ($2.51m)Reservoir Protocol ($33.08m)Angle ($1.95m)xDollar ($95,669.26)BTCFi CDP ($7.34m)Abracadabra Spell ($4.15m)mStable CDP ($3.01m)Parallel Protocol V3 ($2.05m)Parallel Protocol V2 ($538,915.3)

Frequently Asked Questions

What is Preon Finance?

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%

What is Preon Finance's TVL?

Preon Finance currently has $200,119.51 in total value locked. TVL has increased 12% over the past 30 days.

What chains does Preon Finance operate on?

Preon Finance operates on 3 chains: Base, Arbitrum, and Polygon. Arbitrum holds the largest share at 89.5%.