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ProtocolsMonoLend

INCLUDE IN TVL:

MonoLend (MLD)

Total Value Locked
$7,162  .csv
Chain Breakdown
Polygon$7,162
Include in TVL (optional)
$235.28
$235.28
USDMATIC

Protocol Information

MonoLend is the lending market platform on Polygon, home of $MLD token: deposit collateral and farm WBTC WETH and stables

Category:Lending

Forked from:AAVE V2

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Token Information

Address:0x5D0893...5e8b25

View on CoinGecko View on PolygonScan

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.

TVL code

Competitors

AAVE V3 ($18.515b)Compound V3 ($2.014b)AAVE V2 ($863.52m)Impermax Finance ($18.25m)Tarot ($13.42m)JustLend ($4.949b)Spark ($4.44b)Kamino Lend ($2.041b)Morpho Blue ($1.947b)Venus Core Pool ($1.899b)