Ion Protocol
Total Value Locked$8,447,167 .csv
| Ethereum | $8,447,167 |
|---|
| Include in TVL (optional) | |
|---|---|
| $4,108,189 |
| Borrowed | $4,108,189 |
|---|
Protocol Information
Ion Protocol is a price-agnostic lending platform built to support staked and restaked assets. It allows users to participate in lending markets of all kinds, ranging from leveraged staking yields to points multiplier pools and more. Ion focuses on bringing staking-based mechanisms to DeFi, creating an enhanced lending and borrowing experience for users to earn more while risking less
Category:Lending
Audits
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.