Jolt(JOLT)
Total Value Locked$59.01
TVL by Chain
OP Mainnet$59.01
Key Metrics
Active Loans$15.91
Protocol Information
Jolt Finance is a permissionless Aave V2 style lending and borrowing protocol on Optimism, enabling users to supply assets for yield or borrow against collateral. It is security-focused, restricts smart contracts from borrowing, employs conservative risk parameters, and uses multisig-controlled, timelocked governance for upgrades. Users also earn reward tokens that provide protocol revenue share.
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.View code on GitHubCompetitors
Frequently Asked Questions
What is Jolt's TVL?
Jolt currently has $59.01 in total value locked. TVL has increased 1.7% over the past 30 days.
What chains does Jolt operate on?
Jolt operates on OP Mainnet. OP Mainnet holds the largest share at 100%.
How does Jolt's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Jolt ranks #434 by TVL. The category holds $52.534b across 519 protocols, and Jolt accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Compound V3, Venus Core Pool, EtherFi Borrowing Market, Curve LlamaLend, 40 Acres, Curve LlamaLend V2, Gearbox, and Moonwell Lending.
How much has been borrowed through Jolt?
Jolt currently has $15.91 in active loans.