Key Metrics
Fees (Annualized)$224,661
Fees 30d$1,670
Soneium$1,670
Fees 7d$342
Soneium$342
Fees 24h$59
Soneium$59
Cumulative Fees$412,386
Soneium$412,386
Revenue (Annualized)$18,000.17
Revenue 30d$268.17
Soneium$268.17
Revenue 7d$55.23
Soneium$55.23
Revenue 24h$9.17
Soneium$9.17
Cumulative Revenue$49,348.34
Soneium$49,348.34
Holders Revenue (Annualized)$3.08
Holders Revenue 30d$0
Soneium$0
Holders Revenue 7d$0
Soneium$0
Holders Revenue 24h$0
Soneium$0
Cumulative Holders Revenue$3
Soneium$3
Collateral Liquidated 30d$284.39
Collateral Liquidated 30d by chain
Soneium$284.39
Collateral Liquidated 7d$162.82
Soneium$162.82
Collateral Liquidated 24h$92.36
Soneium$92.36
Cumulative Collateral Liquidated$4,836.75
Soneium$4,836.75
Active Loans$337,355.85
Protocol Information
Sake Finance is an integrated liquidity protocol on Soneium. Sake is pioneering a new era of decentralized finance, where different modules work together seamlessly to provide the smoothest user experience
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 GitHubFees: Interest paid by borrowersView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubHolders Revenue: View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidationCall events.View code on GitHubCompetitors
Frequently Asked Questions
What is SakeFinance?
Sake Finance is an integrated liquidity protocol on Soneium. Sake is pioneering a new era of decentralized finance, where different modules work together seamlessly to provide the smoothest user experience
What is SakeFinance's TVL?
SakeFinance currently has $805,785.51 in total value locked. TVL has decreased 15.5% over the past 30 days.
What chains does SakeFinance operate on?
SakeFinance operates on Soneium. Soneium holds the largest share at 100%.
How much has SakeFinance generated in fees and revenue?
Over the past 30 days, SakeFinance generated $1,670 in fees. Of that, $268.17 was protocol revenue. Based on the trailing year, the annualized rate is $224,661 in fees and $18,000.17 in revenue.
How does SakeFinance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, SakeFinance ranks #140 by TVL. The category holds $45.45b across 514 protocols, and SakeFinance accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, UntitledBank, ZenoLend, SparkLend, JustLend V1, Maple, Compound V3, Venus Core Pool, and Kamino Lend.
How much has been borrowed through SakeFinance?
SakeFinance currently has $337,355.85 in active loans.
