Logo of ELMAELMA(ELITE)
Total Value Locked$22.36

TVL by Chain

Fantom$22.36

Protocol Information

Elite Lending Market Aggregator, aka ELMA, leverages Bribe Markets to Boost Lending Yields by Splitting a Re-Deposited Asset into a user-stakeable PT & a YT thats bribed

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Category:Lending

Methodology

TVL: Principal Tokens (PT) are always 1:1 mintable & redeemable with Underlying Tokens (UT). TVL is Total Market Cap of all PT, where 1 PT = 1 UT.View code on GitHub

Competitors

Aave V3 ($17.382b)Tarot ($649,188.09)Impermax V2 ($580,597.61)88mph ($394,713.93)Iron Bank ($208,712.66)Fuji V1 ($202,462.73)Granary Finance ($174,505.63)Hundred Finance ($71,976.86)Trava Finance ($70,464.83)Polter Finance ($12,493.42)

Frequently Asked Questions

What is ELMA's TVL?

ELMA currently has $22.36 in total value locked. TVL has increased 6.5% over the past 30 days.

What chains does ELMA operate on?

ELMA operates on Fantom. Fantom holds the largest share at 100%.

How does ELMA's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, ELMA ranks #446 by TVL. The category holds $50.978b across 524 protocols, and ELMA accounts for <0.1% of that total. Other leading protocols include Aave V3, Tarot, Impermax V2, 88mph, Iron Bank, Fuji V1, Granary Finance, Hundred Finance, Trava Finance, and Polter Finance.