⌘K

Preon Finance (PREON)

Total Value Locked$795,196

Chain Breakdown
Polygon	$508.41k
Arbitrum	$286.79k
Base	$0

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 V1

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Token Information

Methodology

Adds up the total value locked as collateral, as well as the AMO positions on Preon Finance

Check the code

Competitors

Angle ($34.81m)Overnight Finance ($22.95m)QiDao ($13.16m)Parallel Protocol ($12.84m)mStable CDP ($2.99m)MakerDAO ($3.69b)Avalon USDa ($522.28m)lisUSD ($420.72m)Beraborrow ($381.11m)Liquity V1 ($317.34m)