⌘K

Preon Finance (PREON)

Total Value Locked$3,080,294

Chain Breakdown
Polygon	$2.45m
Arbitrum	$627.75k

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+ ($61.53m)Angle ($37.87m)QiDao ($22.04m)Parallel Protocol ($14.82m)mStable CDP ($3.13m)MakerDAO ($4.98b)JustStables ($1.63b)Liquity ($423.04m)lisUSD ($264.53m)Thorchain Lending ($197.05m)