Logo of Vires FinanceVires Finance(VIRES)
Total Value Locked$6.77m

TVL by Chain

Waves$6.77m

Key Metrics

Active Loans$14.52m

Protocol 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.

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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 GitHub

Competitors

Puzzle Lend ($286,889.25)Aave V3 ($17.21b)Morpho Blue ($9.565b)SparkLend ($4.69b)JustLend V1 ($3.71b)Maple ($2.926b)Compound V3 ($1.422b)Kamino Lend ($1.323b)Venus Core Pool ($1.265b)Jupiter Lend ($1.069b)

Frequently Asked Questions

What is Vires Finance's TVL?

Vires Finance currently has $6.77m in total value locked. TVL has increased 22.3% 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 #74 by TVL. The category holds $50.138b across 521 protocols, and Vires Finance accounts for <0.1% of that total. Other leading protocols include Puzzle Lend, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Compound V3, Kamino Lend, Venus Core Pool, and Jupiter Lend.

How much has been borrowed through Vires Finance?

Vires Finance currently has $14.52m in active loans.