Ask about Qubit

Logo of QubitQubit(QBT)

Total Value Locked$18,514

TVL by Chain

BSC$14,192

Kaia$4,322

Key Metrics

Market Cap$0

$QBT Price$0.000087

All Time High$0.58

All Time Low$0.0000000011

View $QBT token page

$87,142

$QBT Volume 24h$18.01

CEX Volume$0

DEX Volume$18.01(100% of total)

Protocol Information

Lend to Ascend, Borrow for Tomorrow. Revolutionary Lending Platform

WebsiteGitHubX/Twitter
Category:Lending

Audits:

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: Input Validation

Technique: Missing Input Validation

Chains: BSC

Bridge Hack

Language: Solidity

Target Type: DeFi Protocol

Competitors

Morpho Blue ($11.485b)BiFi ($10.49m)Avalon Finance ($1.33m)Aave V3 ($18.448b)Venus Core Pool ($1.346b)Lista Lending ($1.038b)Euler V2 ($343.12m)TermMax ($27.03m)Gearbox ($24.9m)Native Credit Pool ($19.15m)

Frequently Asked Questions

What is Qubit's TVL?

Qubit currently has $18,514 in total value locked. TVL has decreased 23% over the past 30 days.

What chains does Qubit operate on?

Qubit operates on 2 chains: BSC and Kaia. BSC holds the largest share at 76.7%.

What is the QBT token price and valuation?

QBT is currently trading at $0.000087. Its circulating market capitalization is $0, ranking it #17,098. Its fully diluted valuation is $87,142. Supply currently stands at 0 circulating, 1b total supply.

How has QBT performed recently?

QBT is up 3.6% over the past 7 days and down 3.3% over the past 30 days. Its all-time high is $0.58, reached on Sep 1, 2021. The token is currently 100% below that level.

How does Qubit's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Qubit ranks #307 by TVL. The category holds $55.938b across 523 protocols, and Qubit accounts for <0.1% of that total. Other leading protocols include Morpho Blue, BiFi, Avalon Finance, Aave V3, Venus Core Pool, Lista Lending, Euler V2, TermMax, Gearbox, and Native Credit Pool.

Has Qubit ever been exploited?

Qubit has 1 recorded security incident. The most recent incident occurred on Jan 28, 2022 and involved $80m. It was classified as Input Validation.