Nolus Protocol (NLS)
Total Value Locked$3.15m  .csv
| Osmosis | $2.65m |
|---|---|
| Nolus | $423,329 |
| Neutron | $75,376 |
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 21/11/24)
Weekly commits: 20
Monthly commits: 270
Weekly developers: 4
Monthly developers: 7
Last commit: 13 hours ago (2024-11-21)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases