Active loans are not included in TVL by default, to include them toggle Active Loans. For more info on this click here.

Ask about Union Protocol
Logo of Union ProtocolUnion Protocol(UNION)
Total Value Locked$266,603

TVL by Chain

OP Mainnet$129,143

Ethereum$69,588

Base$46,486

Arbitrum$21,386

Key Metrics

Active Loans$65,640

Protocol Information

A decentralized protocol for permissionless credit.

Category:Uncollateralized Lending

WebsiteGitHubTwitter

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.View code on GitHub

Competitors

Clearpool Lending ($256,496)Clawloan ($15.16)TrueFi ($21,720)3Jane Lending ($15.05m)Wildcat Protocol ($10.37m)Accountable ($324,510)Ribbon Lend ($52,546)dAMM Finance ($18,899)