Ask about Silo Protocol

Logo of Silo ProtocolSilo Protocol(HDL)

Total Value Locked$111.97

TVL by Chain

Algorand$111.97

Protocol Information

Silo picks up where TEAL leaves off, providing next-gen DeFi vaults and strategies for the Algorand ecosystem. The Silo Protocol is built on decentralized vaults as a core primitive. Decentralized vaults allow for permissionless, trustless access to strategy-based DeFi instruments.

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Category:Options Vault

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

AlgoRai Finance ($1,902)Rysk V12 ($48.57m)Ribbon ($4.43m)Katana ($2.24m)Typus DOV ($947,664)3Jane Options ($121,377)Olive ($50,849)Spin DOV ($32,374)Bonsai Strike ($8,190)Chest Finance ($1,247)

Frequently Asked Questions

What is Silo Protocol's TVL?

Silo Protocol currently has $111.97 in total value locked. TVL has increased 143.4% over the past 30 days.

What chains does Silo Protocol operate on?

Silo Protocol operates on Algorand. Algorand holds the largest share at 100%.

How does Silo Protocol's TVL compare to similar protocols?

Among Options Vault protocols tracked by DefiLlama, Silo Protocol ranks #12 by TVL. The category holds $56.41m across 18 protocols, and Silo Protocol accounts for <0.1% of that total. Other leading protocols include AlgoRai Finance, Rysk V12, Ribbon, Katana, Typus DOV, 3Jane Options, Olive, Spin DOV, Bonsai Strike, and Chest Finance.