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ProtocolsBitFire

INCLUDE IN STATS:
Information
TVL

BitFire

Total Value Locked
$119,245
Chain Breakdown
Mezo$119,245
Include in TVL (optional)
$37.73
$37

Protocol Information

Institutional BTC & Tokenized Stocks Yield & Lending Protocol for DATs (Digital Asset Treasuries)

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.