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ProtocolsPreon Finance

Preon Finance (PREON)

Total Value Locked
$4,073,166  .csv
Chain Breakdown
Polygon$3,418,867
Arbitrum$654,299
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

Audits
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Methodology

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

TVL code

Competitors

Overnight USD+ ($55.66m)Angle ($45.68m)Parallel Protocol ($29.32m)QiDao ($23.51m)mStable CDP ($3,151,203)MakerDAO ($5.73b)JustStables ($1.48b)Liquity ($530.91m)lisUSD ($315.15m)crvUSD ($203.17m)