⌘K

Preon Finance (PREON)

Total Value Locked$2,979,410

Chain Breakdown
Polygon	$2.48m
Arbitrum	$497.26k

USD MATIC

Information

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

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Token Information

Methodology

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

Check the code

Competitors

Overnight USD+ ($71.42m)Angle ($40.19m)QiDao ($19.03m)Parallel Protocol ($12.44m)mStable CDP ($3.11m)MakerDAO ($4.21b)JustStables ($1.53b)Liquity ($329.21m)lisUSD ($186.35m)Thorchain Lending ($165.86m)