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ProtocolsSakeFinance

INCLUDE IN TVL:

SakeFinance

Total Value Locked
$8.97m
  .csv
Chain Breakdown
Soneium$8.97m
Include in TVL (optional)
$325,662
$325,662

Protocol Information

Sake Finance is an integrated liquidity protocol on Soneium. Sake is pioneering a new era of decentralized finance, where different modules work together seamlessly to provide the smoothest user experience

Category:Lending

Forked from:AAVE V3

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.