This protocol has some TVL that's classified as borrowed, enable the toggles to see it
AAVE V3
$AAVE
Staking
Pool2
Borrows
Offers
Treasury
Description
Earn interest, borrow assets, and build applications
Total Value Locked
$1.08b
Optimism:
$154.31m
Metis:
$22.53m
Scroll:
$8.05m
Harmony:
$0
BSC:
$35.77m
Ethereum:
$7.19b
Gnosis:
$61.64m
Avalanche:
$267.62m
Arbitrum:
$550.96m
borrowed:
$4.7b
Fantom:
$78.68k
Base:
$43.28m
Polygon:
$347.96m
Links
Charts
Flows
Methodology
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.