This protocol has some TVL that's classified as borrowed, enable the toggles to see it
Exactly
$EXA
Staking
Pool2
Borrows
Offers
Treasury
Description
Exactly is a decentralized, non-custodial, open-source protocol that provides an autonomous fixed and variable interest rate market, enabling users to frictionlessly exchange their assets' time value and complete the DeFi credit market.
Total Value Locked
$27.91m
Optimism:
$4.87m
Ethereum:
$22.54k
borrowed:
$2.99m
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.