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ProtocolsIon Protocol

INCLUDE IN TVL:

Ion Protocol

Total Value Locked
$6.58m
  .csv
Chain Breakdown
Ethereum$6.58m
Include in TVL (optional)
$3.15m
$3.15m
$4.8m

Protocol Information

Ion Protocol is a price-agnostic lending platform built to support staked and restaked assets. It allows users to participate in lending markets of all kinds, ranging from leveraged staking yields to points multiplier pools and more. Ion focuses on bringing staking-based mechanisms to DeFi, creating an enhanced lending and borrowing experience for users to earn more while risking less

Category:Lending

Audits
:

Development Activity

(updated at 21/11/24)

Weekly commits: 10
Monthly commits: 85
Weekly developers: 1
Monthly developers: 19

Last commit: 12 hours ago (2024-11-21)

Methodology

TVL: 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.