Ask about Sonne Finance
Logo of Sonne FinanceSonne Finance(SONNE)
Total Value Locked$91,253.22

TVL by Chain

Base$91,228.46

OP Mainnet$24.76

Key Metrics

Fees (Annualized)$35,328
Fees 30d$385

Base$239

OP Mainnet$146

Fees 7d$71

Base$71

OP Mainnet$0

Fees 24h$25

Base$25

OP Mainnet$0

Cumulative Fees$4.16m

OP Mainnet$3.95m

Base$209,932

Revenue (Annualized)$4,489.91
Revenue 30d$62.91

Base$45.91

OP Mainnet$16

Revenue 7d$12.91

Base$12.91

OP Mainnet$0

Revenue 24h$3.91

Base$3.91

OP Mainnet$0

Cumulative Revenue$547,407.91

OP Mainnet$513,294

Base$34,112.91

Holders Revenue (Annualized)$539,596.69
Cumulative Holders Revenue$536,640

OP Mainnet$536,640

Staked$0

Active Loans$42,757.51

$SONNE Liquidity$11,891

Velodrome V2$11,891

Protocol Information

Sonne Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It is a permissionless, open source and Optimistic protocol serving users on Optimism. Users can deposit their assets, use them as collateral and borrow against them

Category:Lending

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol's share of interest treasuryView code on GitHubHolders Revenue: Share of interest into protocol governance token holders.View code on GitHub

Hacks

Date: May 15, 2024

Amount: $20m

Classification: Ecosystem

Technique: Flashloan Donate Function Logic Exploit

Chains: Optimism

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Sonne Finance?

Sonne Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It is a permissionless, open source and Optimistic protocol serving users on Optimism. Users can deposit their assets, use them as collateral and borrow against them

What is Sonne Finance's TVL?

Sonne Finance currently has $91,253.22 in total value locked. TVL has decreased 4.6% over the past 30 days.

What chains does Sonne Finance operate on?

Sonne Finance operates on 2 chains: OP Mainnet and Base. Base holds the largest share at 100%.

How much has Sonne Finance generated in fees and revenue?

Over the past 30 days, Sonne Finance generated $385 in fees. Of that, $62.91 was protocol revenue. Based on the trailing year, the annualized rate is $35,328 in fees and $4,489.91 in revenue.

How does Sonne Finance's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Sonne Finance ranks #210 by TVL. The category holds $40.034b across 464 protocols, and Sonne Finance accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through Sonne Finance?

Sonne Finance currently has $42,757.51 in active loans.

Has Sonne Finance ever been exploited?

Sonne Finance has 1 recorded security incident. The most recent incident occurred on May 15, 2024 and involved $20m. It was classified as Ecosystem.