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Information
TVL

Qubit (QBT)

Total Value Locked
$42,017
Chain Breakdown
BSC$24,913
Klaytn$17,105
$0.0002
Fully Diluted Valuation
$190,868
$145.44

Protocol Information

Lend to Ascend, Borrow for Tomorrow. Revolutionary Lending Platform

Category:Lending

Forked from:Compound V2

Audits
:

Development Activity

(updated at 04/09/23)

Weekly commits: 1
Monthly commits: 1
Weekly developers: 1
Monthly developers: 1

Last commit: a year ago (2023-06-02)

Token Information

Address:0x17b716...93f526

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.

Hacks

Date:1/28/2022

Amount:$80m

Classification:Protocol Logic

Technique:Transfer Logic Exploit

Chain:BSC

Returned Funds:$0

Source