Ask about Vires FinanceProtocol Information
Vires.finance is is a decentralized non-custodial liquidity protocol based on Waves Blockchain, where users, wallets and dapps can participate as depositors or borrowers.
Category:Lending
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 GitHubCompetitors
Frequently Asked Questions
What is Vires Finance?
Vires.finance is is a decentralized non-custodial liquidity protocol based on Waves Blockchain, where users, wallets and dapps can participate as depositors or borrowers.
What is Vires Finance's TVL?
Vires Finance currently has $5.58m in total value locked. TVL has increased 10.7% over the past 30 days.
What chains does Vires Finance operate on?
Vires Finance operates on Waves. Waves holds the largest share at 100%.
How does Vires Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Vires Finance ranks #69 by TVL. The category holds $40.435b across 466 protocols, and Vires Finance accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Vires Finance?
Vires Finance currently has $14.4m in active loans.