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ProtocolsVicuna Lending

INCLUDE IN TVL:

Vicuna Lending

Total Value Locked
$2.11m
  .csv
Chain Breakdown
Sonic$2.11m
Include in TVL (optional)
$1.92m
$1.92m

Protocol Information

Vicuna Finance operates as a native borrow/lending protocol, facilitating leveraged yield farming on the Sonic Blockchain. Lenders can earn yields on their tokens, while borrowers gain access to capital-efficient, undercollateralized loans for leveraged yield farming positions

Category:Lending

Forked from:AAVE V3

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.