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Logo of QubitQubit(QBT)
Total Value Locked$14,856

TVL by Chain

BSC$11,258

Kaia$3,597

Protocol Information

Lend to Ascend, Borrow for Tomorrow. Revolutionary Lending Platform

Category:Lending

Audits:

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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.View code on GitHub

Hacks

Date: Jan 28, 2022

Amount: $80m

Classification: Protocol Logic

Technique: Transfer Logic Exploit

Chains: BSC

Bridge Hack

Language: Solidity

Target Type: DeFi Protocol

Competitors

Morpho Blue ($7.116b)BiFi ($4.69m)Avalon Finance ($1.16m)Aave V3 ($13.103b)Venus Core Pool ($1.032b)Lista Lending ($632.88m)Euler V2 ($278.38m)TermMax ($33.53m)Native Credit Pool ($31.81m)Gearbox ($18.1m)