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Lofty

Total Value Locked$101.16m

TVL by Chain

Algorand$101.16m

Key Metrics

Total Raised$5m

Aug 19, 2019$800,000Round: SeedInvestors: LAUNCH, Rebel Fund, Y Combinator

Aug 1, 2020$1.2mRound: SeedInvestors: Hustle Fund

Mar 9, 2021$3mRound: Debt Financing

Protocol Information

Fractionalized real estate on Algorand.

WebsiteX/Twitter
Category:RWA

Sub Category: Real Estate

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Meld Gold ($4.8m)ASA.Gold ($29,258)Invesco USTB ($599.14m)Ethena USDtb ($470.18m)Huma ($406.09m)Re ($400.68m)USD AI ($346.08m)Anemoy Capital ($333.47m)OnRe ($293.15m)OpenTrade ($251.08m)

Frequently Asked Questions

What is Lofty's TVL?

Lofty currently has $101.16m in total value locked. TVL has increased 0.6% over the past 30 days.

What chains does Lofty operate on?

Lofty operates on Algorand. Algorand holds the largest share at 100%.

How does Lofty's TVL compare to similar protocols?

Among RWA protocols tracked by DefiLlama, Lofty ranks #15 by TVL. The category holds $4.716b across 173 protocols, and Lofty accounts for 2.1% of that total. Other leading protocols include Meld Gold, ASA.Gold, Invesco USTB, Ethena USDtb, Huma, Re, USD AI, Anemoy Capital, OnRe, and OpenTrade.