Total Value Locked$157.64
TVL by Chain
MegaETH$157.64
Key Metrics
Fees 30d$0
Fees 30d by chain
MegaETH$0
Fees 7d$0
MegaETH$0
Fees 24h$0
MegaETH$0
Cumulative Fees$0
MegaETH$0
Revenue 30d$0
Revenue 30d by chain
MegaETH$0
Revenue 7d$0
MegaETH$0
Revenue 24h$0
MegaETH$0
Cumulative Revenue$0
MegaETH$0
Collateral Liquidated 30d$0
Collateral Liquidated 30d by chain
MegaETH$0
Collateral Liquidated 7d$0
MegaETH$0
Collateral Liquidated 24h$0
MegaETH$0
Cumulative Collateral Liquidated$0
MegaETH$0
Active Loans$51.65
Protocol Information
Velkonix is a lending protocol on MegaETH forked from Aave V3, offering supply/borrow markets with VELK token staking rewards
Audits:
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 GitHubFees: Interest paid by borrowersView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidationCall events.View code on GitHubCompetitors
Frequently Asked Questions
What is Velkonix's TVL?
Velkonix currently has $157.64 in total value locked. TVL has decreased 0.9% over the past 30 days.
What chains does Velkonix operate on?
Velkonix operates on MegaETH. MegaETH holds the largest share at 100%.
How much has Velkonix generated in fees and revenue?
Over the past 30 days, Velkonix generated $0 in fees. Of that, $0 was protocol revenue.
How does Velkonix's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Velkonix ranks #433 by TVL. The category holds $48.473b across 515 protocols, and Velkonix accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Silo V3, Purrlend, Quantus Lend, SparkLend, JustLend V1, Maple, Compound V3, and Venus Core Pool.
How much has been borrowed through Velkonix?
Velkonix currently has $51.65 in active loans.

