Ask about Rho Markets
Logo of Rho MarketsRho Markets
Total Value Locked$5.03

TVL by Chain

Scroll$5.03

Key Metrics

Active Loans$0

Total Raised$0

Jun 8, 2022Round: Investors: Serum

Protocol Information

Liquidity Layer on Scroll_ZKP. Lending & Yielding

Category:Lending

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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: Jul 19, 2024

Amount: $7.6m

Classification: Protocol Logic

Technique: Price Oracle Manipulation

Chains: Scroll

Language: Solidity

Target Type: DeFi Protocol

Competitors

Aave V3 ($14.06b)Morpho Blue ($7.597b)Compound V3 ($1.154b)EtherFi Borrowing Market ($156.97m)LayerBank ($2.36m)Avalon Finance ($1.12m)Impermax V2 ($581,386.28)Tarot ($505,130.58)SYNO Finance ($202,284.32)Cog ($159,390.52)

Frequently Asked Questions

What is Rho Markets?

Liquidity Layer on Scroll_ZKP. Lending & Yielding

What is Rho Markets' TVL?

Rho Markets currently has $5.03 in total value locked. TVL has increased 0.5% over the past 30 days.

What chains does Rho Markets operate on?

Rho Markets operates on Scroll. Scroll holds the largest share at 100%.

How does Rho Markets' TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Rho Markets ranks #421 by TVL. The category holds $40.593b across 464 protocols, and Rho Markets accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through Rho Markets?

Rho Markets currently has $0 in active loans.

Has Rho Markets ever been exploited?

Rho Markets has 1 recorded security incident. The most recent incident occurred on Jul 19, 2024 and involved $7.6m. It was classified as Protocol Logic.