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ProtocolsKlap

INCLUDE IN TVL:

Klap (KLAP)

Total Value Locked
$133.26
  .csv
Chain Breakdown
Kaia$133.26
Include in TVL (optional)
$2.13m
$2.13m

Protocol Information

KLAP (Klaytn Lending Application) is the leading money market on Klaytn.

Category:Lending

Forked from:AAVE V2

Audits
:

Token Information

Address:0xd10906...687d09

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.