Ask about Velkonix
Logo of VelkonixVelkonix(VELK)
Total Value Locked$158.62

TVL by Chain

MegaETH$158.62

Key Metrics

Active Loans$51.63

Protocol Information

Velkonix is a lending protocol on MegaETH forked from Aave V3, offering supply/borrow markets with VELK token staking rewards

CategoryLending

Audits:

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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

Aave V3 ($12.181b)Silo V3 ($2.61m)Purrlend ($448.14)Quantus Lend ($0.42)