Active loans are not included in TVL by default, to include them toggle Active Loans. For more info, read the active loans discussion.

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Union Protocol(UNION)

Total Value Locked$265,805

TVL by Chain

OP Mainnet$128,659

Ethereum$69,599

Base$46,475

Arbitrum$21,072

Key Metrics

Active Loans$65,615

Protocol Information

A decentralized protocol for permissionless credit.

WebsiteGitHubX/Twitter
Category:Uncollateralized Lending

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 GitHub

Competitors

Clearpool Lending ($200,692)Accountable ($818,013)Pareto Credit ($161,379)cSigma Finance ($1,244)Clawloan ($18.32)Credit Coop ($192,702)JUSD Finance ($46,243)TrueFi ($21,726)3Jane Lending ($12.8m)Wildcat Protocol ($9.1m)

Frequently Asked Questions

What is Union Protocol's TVL?

Union Protocol currently has $265,805 in total value locked. TVL has decreased 0.1% over the past 30 days.

What chains does Union Protocol operate on?

Union Protocol operates on 4 chains: OP Mainnet, Ethereum, Base, and Arbitrum. OP Mainnet holds the largest share at 48.4%.

How does Union Protocol's TVL compare to similar protocols?

Among Uncollateralized Lending protocols tracked by DefiLlama, Union Protocol ranks #5 by TVL. The category holds $25.61m across 19 protocols, and Union Protocol accounts for 1% of that total. Other leading protocols include Clearpool Lending, Accountable, Pareto Credit, cSigma Finance, Clawloan, Credit Coop, JUSD Finance, TrueFi, 3Jane Lending, and Wildcat Protocol.

How much has been borrowed through Union Protocol?

Union Protocol currently has $65,615 in active loans.