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Elara
This protocol has some TVL that's classified as borrowed, enable the toggles to see it
Elara
  •  
    Staking
  •  
    Pool2
  •  
    Borrows
  •  
    Offers
  •  
    Treasury
Description
The first native lending protocol on ZircuitL2, built with cutting-edge modularity. Shaping the future of DeFi with transformative lending innovations.
Total Value Locked
$2,762,154
Zircuit:$2.76m
borrowed:$647.06k
Links
USD
ETH
All Chains
1M
1Y
All
14 Dec, 02:359 Feb, 22:358 Apr, 00:59$0$4m$8m
Charts
  •  
    Flows
20 Jan, 22:548 Apr, 00:59$0$4m$8m
20 Jan, 22:548 Apr, 00:59$0$4m$8m
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.
Protocol Information
Category
Lending
Audits
Yes
Include governance tokens staked in the protocol
Include staked lp tokens where one of the coins in the pair is the governance token
Include borrowed coins in lending protocols
Coins that are approved but not locked
Protocol treasury
Show stacked inflows and outflows of each token
Audits are not a guarantee of security.