Nolus Protocol (NLS)
Total Value Locked$4.9m  .csv
| Osmosis | $4.08m |
|---|---|
| Neutron | $694,746 |
| Nolus | $130,184 |
| $615,626 |
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 17/04/24)
Weekly commits: 7
Monthly commits: 345
Weekly developers: 3
Monthly developers: 21
Last commit: 19 hours ago (2024-04-17)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases