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ProtocolsKona Lend

INCLUDE IN STATS:
Information
TVL

Kona Lend

Total Value Locked
$1.11m
Chain Breakdown
Abstract$1.11m
Include in TVL (optional)
$1.46m
$1.46m

Protocol Information

Supply assets to earn interest, or borrow with collateral.

Category:Lending

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.