Logo of Preon FinancePreon Finance(PREON)
Total Value Locked$200,355

TVL by Chain

Arbitrum$164,136

Polygon$36,219

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 ($10.02m)QiDao ($2.73m)Reservoir Protocol ($60.19m)Angle ($2.06m)Davos Protocol ($115,933)BTCFi CDP ($9.95m)Abracadabra Spell ($6.16m)Parallel Protocol V3 ($3.36m)mStable CDP ($3.08m)DSU Money ($724,815)