⌘K

Preon Finance (PREON)

Total Value Locked

Chain Breakdown
Polygon	$2.47m
Arbitrum	$653,407

TVLUSD InflowsTweets

USD MATIC

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

Audits

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Methodology

TVL: Adds up the total value locked as collateral on the Preon Finance

TVL code

Competitors

Overnight USD+ ($60.69m)Angle ($39.42m)QiDao ($22.43m)Parallel Protocol ($15.75m)mStable CDP ($3.15m)MakerDAO ($5.266b)JustStables ($1.774b)Liquity ($439.12m)lisUSD ($256.84m)Thorchain Lending ($217.1m)