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 ProtocolTotal Value Locked$266,951.6
TVL by Chain
OP Mainnet$129,527.94
Ethereum$69,583.2
Base$46,466.44
Arbitrum$21,374.02
Key Metrics
Active Loans$65,770.66
Protocol Information
A decentralized protocol for permissionless credit.
Category:Uncollateralized Lending
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 GitHubCompetitors
Frequently Asked Questions
What is Union Protocol?
A decentralized protocol for permissionless credit.
What is Union Protocol's TVL?
Union Protocol currently has $266,951.6 in total value locked. TVL has decreased 0.2% over the past 30 days.
What chains does Union Protocol operate on?
Union Protocol operates on 4 chains: OP Mainnet, Base, Ethereum, and Arbitrum. OP Mainnet holds the largest share at 48.5%.
How does Union Protocol's TVL compare to similar protocols?
Among Uncollateralized Lending protocols tracked by DefiLlama, Union Protocol ranks #4 by TVL. The category holds $19.76m across 11 protocols, and Union Protocol accounts for 1.3% of that total. Other leading protocols include Wildcat Protocol, 3Jane, and Accountable.
How much has been borrowed through Union Protocol?
Union Protocol currently has $65,770.66 in active loans.