Ask about Sturdy
Sturdy(STRDY)
Total Value Locked$289,256
TVL by Chain
Mode$247,340
Ethereum$30,076
OP Mainnet$5,334
Linea$4,921
Flow$1,585
Sei$0
Key Metrics
Market Cap$220,637
$STRDY Price$0.011
$1.08m
$STRDY Volume 24h$149.19
CEX Volume$0
DEX Volume$149.45(100.17% of total)
Active Loans$90,187
Total Raised$3.9m
Mar 17, 2022$3.9mRound: Seed and StrategicInvestors: Pantera Capital, Y Combinator, SoftBank, KuCoin Ventures, OneBlock Capital, Dialectic, OrangeDAO
Protocol Information
Sturdy is a first of its kind DeFi protocol for interest-free borrowing and high yield lending. Rather than charging borrowers interest, Sturdy stakes their collateral and passes the yield to lenders. This model changes the relationship between borrowers and lenders to make Sturdy the first positive-sum lending protocol.
- Sturdy V2Lending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Hacks
Date: Jun 12, 2023
Protocol: Sturdy V1
Amount: $775,000
Classification: Reentrancy
Technique: Read-Only Reentrancy
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Sturdy's TVL?
Sturdy currently has $289,256 in total value locked. TVL has increased 7.9% over the past 30 days.
What chains does Sturdy operate on?
Sturdy operates on 7 chains: Ethereum, Fantom, Mode, OP Mainnet, and Linea and 2 others. Mode holds the largest share at 85.5%.
What is the STRDY token price and valuation?
STRDY is currently trading at $0.011. Its circulating market capitalization is $220,129, ranking it #5,535. Its fully diluted valuation is $1.08m. Supply currently stands at 20.4m circulating, 100m total supply, 100m maximum supply.
How has STRDY performed recently?
STRDY is down 0.5% over the past 7 days and up 0.8% over the past 30 days. Its all-time high is $3.83, reached on Nov 25, 2024. The token is currently 99.7% below that level.
How does Sturdy's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Sturdy ranks #173 by TVL. The category holds $54.795b across 519 protocols, and Sturdy accounts for <0.1% of that total. Other leading protocols include Morpho Blue, Aave V3, Tarot, Impermax V2, Ajna V2, Compound V3, Avalon Finance, Iron Bank, Fuji V1, and Granary Finance.
How much has been borrowed through Sturdy?
Sturdy currently has $90,187 in active loans.
Has Sturdy ever been exploited?
Sturdy has 1 recorded security incident. The most recent incident occurred on Jun 12, 2023 and involved $775,000. It was classified as Reentrancy.