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Nyke Finance
This protocol has some TVL that's classified as borrowed, enable the toggles to see it
Nyke Finance
  •  
    Staking
  •  
    Pool2
  •  
    Borrows
  •  
    Offers
  •  
    Treasury
Description
Nyke Finance is a decentralized, non-custodial, algorithmic-based money market protocol that allows users to participate as liquidity suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow liquidity in an over-collateralized fashion. Nyke's protocol design and architecture references Compound, a proven and audited protocol.
Total Value Locked
$10.19
EthereumClassic:$10.19
borrowed:$267.83
Links
USD
ETH
All Chains
1M
1Y
All
9 Aug, 10:0918 Dec, 18:3030 Apr, 22:30$0$5k$10k
Charts
  •  
    Flows
5 Nov, 20:5630 Apr, 22:30$0$5k$10k
5 Nov, 20:5630 Apr, 22:30$0$5k$10k
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
No
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.