Nolus Protocol (NLS)
Total Value Locked$1.69m  .csv
| Osmosis | $1.01m |
|---|---|
| Nolus | $634,345 |
| Neutron | $43,968 |
| $123,391 |
Protocol Information
Nolus is a semi-permissioned blockchain bridging lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can secure up to 150% financing on their initial investments, and access to the underlying leveraged assets through whitelisted strategies. Inspired by traditional leasing, where one pays a fraction upfront and gains ownership after repayment, Nolus' approach cuts down the DeFi sector's high over-collateralization standards. This boosts capital efficiency and offers borrowers better loan terms.
Category:Lending
Development Activity
(updated at 16/10/24)
Weekly commits: 112
Monthly commits: 640
Weekly developers: 6
Monthly developers: 9
Last commit: 8 hours ago (2024-10-16)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases