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ProtocolsBonzo Finance

INCLUDE IN TVL:

Bonzo Finance

Total Value Locked
$22.71m
  .csv
Chain Breakdown
Hedera$22.71m
Include in TVL (optional)
$0

Protocol Information

The Liquidity Layer of Hedera: An open source, non-custodial lending protocol based on Aave

Category:Lending

Forked from:AAVE V2

Audits
:

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.