dTRINITY dLEND
Total Value Locked$895,764 .csv
| Fraxtal | $895,764 |
|---|
| Include in TVL (optional) | |
|---|---|
| $0 |
Protocol Information
dLEND is a Fraxtal-based fork of the Aave v3 protocol, designed for secure lending and borrowing of dUSD and other digital assets. By default, dUSD is the sole borrowable asset, and loans can only be taken against other supplied assets, excluding dUSD. This prevents rehypothecation of collateral, reducing protocol risks and subsidy arbitrage. Borrowing rates for dUSD are subsidized through regular interest rebates, encouraging demand and utilization while offering lower costs for borrowers and sustainable yields for lenders
Category:Lending
Forked from:AAVE V3
Methodology
TVL: 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.