PhoLend

Total Value Locked$748.77

Chain Breakdown
CrossFi	$748.77

Include in TVL (optional)
Borrowed	$35.28

USD ETH

Information

Protocol Information

PhoLend is a decentralized lending platform that provides an environment for lenders and borrowers. Its open-source design supports community-driven improvements, fostering innovation and collaboration in DeFi

Category: Lending

Forked from:AAVE V2

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Token Information

Methodology

Measures the total value locked (TVL) in the PhoLend protocol on CrossFi chain: - TVL: Available liquidity in the lending pool per asset (from Protocol Data Provider) - Borrows: Sum of stable and variable debt token balances - Net TVL: Total deposits minus total borrows Data is fetched from: - Protocol Data Provider for TVL - Direct debt token balances for borrows Supported assets: - XFI (Native CrossFi token, 18 decimals) - WETH (from Base, 18 decimals) - USDC (from Base, 6 decimals) - USDT (from Arbitrum, 6 decimals) - WBTC (from Arbitrum, 8 decimals) The protocol uses AAVE v2 style lending where: - TVL is tracked through Protocol Data Provider - Borrows are tracked through stableDebtTokens and variableDebtTokens - Asset prices are provided by DIA Oracle - Liquidation thresholds and loan-to-value ratios are set per asset

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Competitors

AAVE V3 ($17.12b)JustLend ($3.77b)Morpho Blue ($2.8b)SparkLend ($2.2b)Compound V3 ($1.71b)Venus Core Pool ($1.62b)Kamino Lend ($1.49b)Fluid Lending ($801.59m)Avalon Finance ($723.98m)Dolomite ($648.81m)