XCarnival (XCV)

Total Value Locked$2,056

Chain Breakdown
Ethereum	$2.06k

Include in TVL (optional)
Borrowed	$0

USD ETH

Information

Protocol Information

XCarnival is a stable and secure financial infrastructure protocol in a multi-chain environment, providing a market-optimized liquidity solution for NFT assets in Web3.0, supporting both P2P (Person-to-Person) and P2C (Instant Lending Pool) models of asset-backed lending.

Category: NFT Lending

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Token Information

Address:0x493CbB...D03CAc

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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

Blur Lending ($35.05m)BendDAO Lending ($18.01m)JPEG'd ($10.52m)Gondi V2 ($10.23m)Arcade.xyz ($7.52m)MetaStreet V2 ($4.96m)NFTfi ($2.86m)X2Y2 ($1.51m)Banx ($830.86k)Sharky ($634.82k)

Raises

Total raised: 2m
6/10/2021 : Seed - Raised $2m