Ask about wefi
Logo of wefiwefi(WEFI)
Total Value Locked$55,145.31

TVL by Chain

Boba$29,908.29

Polygon$14,631.66

Linea$5,404.02

XDC$5,201.34

Key Metrics

Perp Volume 30d$0
Perp Volume 30d by chain

Boba$0

Linea$0

Polygon$0

XDC$0

Perp Volume 7d$0

Boba$0

Linea$0

Polygon$0

XDC$0

Perp Volume 24h$0

Boba$0

Linea$0

Polygon$0

XDC$0

Cumulative Perp Volume$31.47m

XDC$25.97m

Boba$5.49m

Linea$7,095

Polygon$0

Staked$105,187.44

Active Loans$120,368.43

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

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.. 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.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Morpho Blue ($7.515b)Aave V3 ($13.768b)Teller ($938,224.15)Impermax V2 ($578,194.6)Tarot ($488,208.18)Compound V3 ($1.139b)Fluid Lending ($654.16m)Euler V2 ($324.83m)Aave V2 ($109.83m)Unitus ($6.03m)

Frequently Asked Questions

What is wefi?

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.

What is wefi's TVL?

wefi currently has $55,145.31 in total value locked. TVL has increased 8.2% over the past 30 days.

What chains does wefi operate on?

wefi operates on 4 chains: Polygon, Linea, XDC, and Boba. Boba holds the largest share at 54.2%.

How does wefi's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, wefi ranks #229 by TVL. The category holds $40.166b across 464 protocols, and wefi accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through wefi?

wefi currently has $120,368.43 in active loans.