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Updated

Vires Finance

VIRESLending1 chain

Vires.finance is is a decentralized non-custodial liquidity protocol based on Waves Blockchain, where users, wallets and dapps can participate as depositors or borrowers.

TVL history

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TVL by chain

  1. Waves$6.92M100.0%

Key facts

Category
Lending
Chains
1
Token
VIRES
Oracles
—
Audits
2
Listed
—

Key events

  1. Bad debt settlement in USDN

Similar Lending protocols

How this TVL is counted

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.

Frequently asked questions

What is Vires Finance’s TVL?

Vires Finance has $6.92M in total value locked, -2.56% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.

Which chains is Vires Finance on?

Vires Finance runs on 1 chain; the most value sits on Waves ($6.92M).

What kind of protocol is Vires Finance?

Vires Finance is listed under Lending, where it ranks #71 by TVL.

Data aggregated from public third-party market sources. For informational purposes only — not investment advice.