Information

Sake Finance is an integrated liquidity protocol on Soneium. Sake is pioneering a new era of decentralized finance, where different modules work together seamlessly to provide the smoothest user experience

• WebsiteOpen website
• X channel@sakefinance
• Category Lending
• Audits 2 Audit report 1
• Listed on2025-01-15

Methodology

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.

Similar protocols

• Aave V3 $16.77B
• Morpho Blue $10.07B
• SparkLend $5.02B
• JustLend V1 $3.65B
• Maple $2.82B
• Compound V3 $1.40B
• Kamino Lend $1.33B
• Venus Core Pool $1.23B
• Jupiter Lend $1.08B
• Lista Lending $837.12M