WanLend

Total Value Locked$1,381,111

Chain Breakdown
Wanchain	$1.38m

Include in TVL (optional)
Borrowed	$402.59k

USD WAN

Information

Protocol Information

WanLend is a decentralized financial management platform, users can deposit cryptos to gain interests, or borrow cryptos and pay interests

Category: Lending

Forked from:Compound V2

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Token Information

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 ($10.74b)JustLend ($5.91b)Spark ($2.38b)Venus Core Pool ($1.62b)Compound V3 ($1.39b)Kamino Lend ($1.31b)AAVE V2 ($1.03b)Morpho Blue ($964.41m)LayerBank ($694.02m)Compound V2 ($606.03m)