⌘K

Preon Finance (PREON)

Total Value Locked

Chain Breakdown
Polygon	$2.15m
Arbitrum	$572,349

TVLUSD InflowsTweets

USD MATIC

Protocol Information

Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (a USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%

Category:CDP

Forked from:Liquity

Audits

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Methodology

TVL: Adds up the total value locked as collateral on the Preon Finance

TVL code

Competitors

Overnight USD+ ($60.26m)Angle ($37.72m)QiDao ($20.4m)Parallel Protocol ($13.49m)mStable CDP ($3.13m)MakerDAO ($4.364b)JustStables ($1.62b)Liquity ($384.78m)lisUSD ($248.67m)Thorchain Lending ($188.34m)