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ProtocolsMonoLend

INCLUDE IN TVL:

MonoLend (MLD)

Total Value Locked
$6,263
  .csv
Chain Breakdown
Polygon$6,263
Include in TVL (optional)
$245.8
$245.8

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

Token Information

Address:0x5D0893...5e8b25

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.