Nolus Protocol (NLS)
Total Value Locked$3.27m
| Osmosis | $1.76m |
|---|---|
| Nolus | $1.38m |
| Neutron | $122,791 |
| Market Cap | $8.81m |
|---|---|
| $0.036 | |
| Fully Diluted Valuation | $31.51m |
| $286,408 | |
| $615,626 |
Protocol Information
Nolus is a semi-permissioned blockchain bridging lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can secure up to 150% financing on their initial investments, and access to the underlying leveraged assets through whitelisted strategies. Inspired by traditional leasing, where one pays a fraction upfront and gains ownership after repayment, Nolus' approach cuts down the DeFi sector's high over-collateralization standards. This boosts capital efficiency and offers borrowers better loan terms.
Category:Lending
Development Activity
(updated at 17/05/24)
Weekly commits: 75
Monthly commits: 107
Weekly developers: 8
Monthly developers: 8
Last commit: a day ago (2024-05-17)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases