Valas Finance (VALAS)

Total Value Locked$904,498

Chain Breakdown
BSC	$904.5k

Include in TVL (optional)
Borrowed	$5.6m
Pool2	$10.68k
Staking	$0

USD BNB

Information

Protocol Information

Valas is a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers.

Category: Lending

Forked from:AAVE V2

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Token Information

Address:bsc:0xB1...2b6842

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Methodology

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.

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Competitors

AAVE V3 ($10.79b)Venus Core Pool ($1.63b)Avalon Finance ($385.88m)Radiant V2 ($98.09m)Venus Isolated Pools ($65.27m)JustLend ($5.9b)Spark ($2.38b)Compound V3 ($1.39b)Kamino Lend ($1.32b)AAVE V2 ($1.03b)