The Gavel Protocol
Total Value Locked$40,214.5
TVL by Chain
Arbitrum$40,214.5
Key Metrics
Active Loans$17,352.19
Protocol Information
Oracle-free, permissionless lending where borrowers post collateral and lenders compete to fund loans through reverse auctions that discover the interest rate on-chain.
Audits:
Methodology
TVL: TVL is the value of ERC-20 collateral, active auction bids, pending refunds, and marketplace offer escrow held by the ERC-20 and NFT lending contracts. Borrowed is the principal of funded loans that are still active and repayable, i.e. not repaid, not defaulted and not past maturity plus the grace period.View code on GitHubCompetitors
Frequently Asked Questions
What is The Gavel Protocol's TVL?
The Gavel Protocol currently has $40,214.5 in total value locked.
What chains does The Gavel Protocol operate on?
The Gavel Protocol operates on Arbitrum. Arbitrum holds the largest share at 100%.
How does The Gavel Protocol's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, The Gavel Protocol ranks #268 by TVL. The category holds $54.63b across 519 protocols, and The Gavel Protocol accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Compound V3, Venus Core Pool, Fluid Lending, Dolomite, Euler V2, Curve LlamaLend, TermMax, and Gearbox.
How much has been borrowed through The Gavel Protocol?
The Gavel Protocol currently has $17,352.19 in active loans.