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ProtocolsPreon Finance

Preon Finance (PREON)

Total Value Locked
$872,918  .csv
Chain Breakdown
Polygon$518,245
Arbitrum$354,673
Base$0
USDMATIC

Protocol Information

Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (a USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%

Category:CDP

Forked from:Liquity V1

Audits
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Methodology

TVL: Adds up the total value locked as collateral, as well as the AMO positions on Preon Finance

TVL code

Competitors

Angle ($35.09m)Overnight Finance ($23.11m)QiDao ($13.48m)Parallel Protocol ($13.15m)mStable CDP ($2.99m)MakerDAO ($3.793b)Avalon USDa ($538.05m)lisUSD ($406.37m)Beraborrow ($387.91m)Liquity V1 ($326m)