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Protocolswefi

INCLUDE IN STATS:
Information
TVL
Yields
Derivatives Volume

wefi (WEFI)

Total Value Locked
$227,163
Chain Breakdown
XDC$184,701
Polygon$27,725
Linea$14,737
Include in TVL (optional)
$691,868
$72,176
Market Cap
$3.22m
$0.077
Fully Diluted Valuation
$7.7m
$184,337
Staked
$691,868
(21.46% of mcap)
$72,176
Derivatives Volume 24h
$291,544

Protocol Information

WEFI is a permissionless DeFi marketplace where users can deposit cryptocurrencies/tokens and earn interest. It also allows users to borrow from the lending pools and invest in crypto assets in a walled guarded manner.

Category:Lending

Forked from:Compound V2

Audits
:

Token Information

Address:0xfFA188...7b6a52

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.. TVL is calculated by getting the market addresses from comptroller and calling the getCash() on-chain method to get the amount of tokens locked in each of these addresses.