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ProtocolsSakeFinance

INCLUDE IN STATS:
Information
TVL
Fees and Revenue

SakeFinance (SONE)

Total Value Locked
$4.58m
Chain Breakdown
Soneium$4.58m
Include in TVL (optional)
$1.47m
Market Cap
$480,468
$1
Fully Diluted Valuation
$480,468
$1,549
$1.47m
$1.4m
$13,371

Protocol Information

Sake Finance is an integrated liquidity protocol on Soneium. Sake is pioneering a new era of decentralized finance, where different modules work together seamlessly to provide the smoothest user experience

Category:Lending

Audits
:

Token Information

Address:0xf24e57...a457fb

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.

Fees: Interest paid by borrowers

Revenue: Percentage of interest going to treasury