SiO2 Finance
This protocol has some TVL that's classified as borrowed, enable the toggles to see it
SiO2 Finance
$SiO2Description
SiO2 Finance is the Astar-native lending hub supporting both EVM and WASM.
Total Value Locked
$4,557,461
| Astar: | $9.02m |
|---|---|
| borrowed: | $1.09m |
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.
Protocol Information
Token Information