Navigate to Home PageNavigate to Home Page
⌘K

ProtocolsUnion Protocol

INCLUDE IN STATS:

Borrowed coins are not included into TVL by default, to include them toggle Borrows. For more info on this click here.

Information
TVL

Union Protocol (UNION)

Total Value Locked
$248,445
  .csv
Chain Breakdown
Ethereum$109,939
Optimism$91,852
Arbitrum$46,654
Include in TVL (optional)
$25,887
$25,887

Protocol Information

A decentralized protocol for permissionless credit.

Category:Uncollateralized Lending

Development Activity

(updated at 13/04/24)

Weekly commits: 23
Monthly commits: 42
Weekly developers: 2
Monthly developers: 3

Last commit: 3 days ago (2024-04-13)

Token Information

Address:0x5Dfe42...85535C

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.