Logo of Preon FinancePreon Finance(PREON)
Total Value Locked$217,207

TVL by Chain

Arbitrum$179,552

Polygon$37,655

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%

CategoryCDP

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 ($9.98m)QiDao ($3.01m)Reservoir Protocol ($73.74m)Angle ($3.39m)Davos Protocol ($118,406)BTCFi CDP ($11.49m)Abracadabra Spell ($6.86m)mStable CDP ($3.17m)Parallel Protocol V3 ($3.11m)DSU Money ($742,002)