Ask about PWN
Logo of PWNPWN
Total Value Locked$23,671.5

TVL by Chain

Polygon$22,689.08

Ethereum$585.3

Arbitrum$345.83

Unichain$19.67

OP Mainnet$17.18

Base$12.86

Gnosis$1.27

Cronos$0.27

Linea$0.024

BSC$0.0005

Mantle$0

World Chain$0

Key Metrics

Total Raised$2m

Jun 28, 2023$2mRound: SeedInvestors: StarkWare, Nethermind, Safe Ecosystem Foundation, Dialectic, Next Web Capital, F.actor, Patricio Worthalter, Christopher Jentzsch, Danny Ryan, Tim Beiko, Alex van de Sande, Lefteris Karapetsas, Luis Cuende, Anthony Sassano, Eric Conner, Digital Finance Group, IQTEC

Protocol Information

PWN is a peer-to-peer permissionless lending protocol. In the true spirit of DeFi composability, PWN users can borrow against—or lend using—any asset in their wallet (ERC-20, NFT, and even a bundle of both), while enjoying absolute flexibility on the loan terms (LTV, duration, APY, etc.). The oracle-less nature of the protocol protects all PWN loans from price-based liquidations. The only way to lose collateral is to default on a loan. Operating on seven EVM-compatible networks, PWN opens up new liquidity avenues, composability options, and leverage opportunities, while giving its users both optimized capital efficiency and predictability on both sides of the loan. A win on all fronts.

Category:Lending

Audits:

WebsitePWNFinancePWNDAOTwitter

Methodology

TVL: Sums up all the tokens deposited in the PWN Protocol. NFTs are resolved to their floor price using Chainlink price feeds. Note that NFTs are resolved only on Ethereum.View code on GitHub

Competitors

Morpho Blue ($7.555b)Aave V3 ($13.93b)Compound V3 ($1.126b)Euler V2 ($326.23m)Impermax V2 ($536,918.7)SparkLend ($3.691b)Maple ($2.264b)Venus Core Pool ($1.036b)Fluid Lending ($662.31m)Lista Lending ($625.43m)

Frequently Asked Questions

What is PWN?

PWN is a peer-to-peer permissionless lending protocol. In the true spirit of DeFi composability, PWN users can borrow against—or lend using—any asset in their wallet (ERC-20, NFT, and even a bundle of both), while enjoying absolute flexibility on the loan terms (LTV, duration, APY, etc.). The oracle-less nature of the protocol protects all PWN loans from price-based liquidations. The only way to lose collateral is to default on a loan. Operating on seven EVM-compatible networks, PWN opens up new liquidity avenues, composability options, and leverage opportunities, while giving its users both optimized capital efficiency and predictability on both sides of the loan. A win on all fronts.

What is PWN's TVL?

PWN currently has $23,671.5 in total value locked. TVL has increased 0.7% over the past 30 days.

What chains does PWN operate on?

PWN operates on 12 chains: Mantle, Cronos, BSC, World Chain, and Base and 7 others. Polygon holds the largest share at 95.8%.

How does PWN's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, PWN ranks #261 by TVL. The category holds $40.316b across 466 protocols, and PWN accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.