This protocol has some TVL that's classified as borrowed, enable the toggles to see it
Contango V2
Staking
Pool2
Borrows
Offers
Treasury
Description
Contango lets you loop anything on-chain. You can create leverage (re)staking positions, arb rates differentials, farm points, or simply go long or short like a perp at low funding
Total Value Locked
$7,571,814
Optimism:
$5.55m
Scroll:
$608.27k
BSC:
$2.72
Ethereum:
$36.15m
Gnosis:
$587.31k
Linea:
$475.48k
Avalanche:
$530.46k
Arbitrum:
$9.55m
borrowed:
$395.93m
Base:
$8.13m
Polygon:
$154.74k
Links
Charts
Flows
Methodology
Counts the tokens locked in the positions to be used as margin + user's tokens locked in the protocol's vault. Borrowed coins are discounted from the TVL, so only the position margins are counted. The reason behind this is that the protocol only added the user's margin to the underlying money market. Adding the borrowed coins to the TVL can be used as a proxy for the protocol's open interest.