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ProtocolsPreon Finance

Preon Finance (PREON)

Total Value Locked
$598,051  .csv
Chain Breakdown
Polygon$379,004
Arbitrum$219,047
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 ($31.3m)Overnight Finance ($21.29m)QiDao ($6.56m)mStable CDP ($2.86m)Parallel Protocol ($2.67m)Sky Lending ($5.605b)Avalon USDa ($511.57m)Beraborrow ($411.88m)lisUSD ($391.37m)USDD ($388.65m)