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Flux Finance
This protocol has some TVL that's classified as borrowed, enable the toggles to see it
Flux Finance
  •  
    Staking
  •  
    Pool2
  •  
    Borrows
  •  
    Offers
  •  
    Treasury
Description
Flux Finance is a decentralized lending platform supporting permissioned assets
Total Value Locked
$31.44m
Ethereum:$46.89m
borrowed:$1.41m
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.. TVL is calculated by getting the market addresses from comptroller and calling the getCash() on-chain method to get the amount of tokens locked in each of these addresses, then we get the price of each token from coingecko.
Protocol Information
Category
Audits
No