Ask about Torches
Logo of TorchesTorches
Total Value Locked$23,013.26

TVL by Chain

KCC$23,013.26

Key Metrics

Active Loans$294.46

Protocol Information

Torches is a decentralized non-custodial liquidity protocol based on KCC, where users, wallets and dapps can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an over-collateralised manner

Category:Lending

Audits:

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Methodology

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

Competitors

0xLend ($702.18)

Frequently Asked Questions

What is Torches?

Torches is a decentralized non-custodial liquidity protocol based on KCC, where users, wallets and dapps can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an over-collateralised manner

What is Torches' TVL?

Torches currently has $23,013.26 in total value locked. TVL has decreased 2% over the past 30 days.

What chains does Torches operate on?

Torches operates on KCC. KCC holds the largest share at 100%.

How does Torches' TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Torches ranks #263 by TVL. The category holds $40.305b across 466 protocols, and Torches accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through Torches?

Torches currently has $294.46 in active loans.