Nolus Protocol (NLS)
Total Value Locked$1.57m  .csv
| Osmosis | $909,466 |
|---|---|
| Nolus | $614,629 |
| Neutron | $46,763 |
| $129,871 |
Protocol Information
Nolus is a semi-permissioned blockchain bridging lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can secure up to 150% financing on their initial investments, and access to the underlying leveraged assets through whitelisted strategies. Inspired by traditional leasing, where one pays a fraction upfront and gains ownership after repayment, Nolus' approach cuts down the DeFi sector's high over-collateralization standards. This boosts capital efficiency and offers borrowers better loan terms.
Category:Lending
Development Activity
(updated at 28/10/24)
Weekly commits: 90
Monthly commits: 760
Weekly developers: 5
Monthly developers: 9
Last commit: 16 hours ago (2024-10-28)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases