Logo of SenecaSeneca
Total Value Locked$17,865.51

TVL by Chain

Ethereum$17,264.94

Arbitrum$600.56

Key Metrics

Staked$0

Protocol Information

Seneca is an omnichain CDP protocol for yield-bearing assets. Borrow collateralized stablecoin senUSD using supported collateral.

Category:CDP

Audits:

Methodology

TVL: Counts the TVL of SEN tokens staked in the staking contracts and the total collateral in chambers across Arbitrum and Ethereum.View code on GitHub

Hacks

Date: Feb 28, 2024

Amount: $6.4m

Classification: Access Control

Technique: Token Approval Abuse

Chains: Ethereum, Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Seneca's TVL?

Seneca currently has $17,865.51 in total value locked. TVL has increased 33.2% over the past 30 days.

What chains does Seneca operate on?

Seneca operates on 2 chains: Arbitrum and Ethereum. Ethereum holds the largest share at 96.6%.

How does Seneca's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Seneca ranks #118 by TVL. The category holds $7.76b across 203 protocols, and Seneca accounts for <0.1% of that total. Other leading protocols include Reservoir Protocol, Abracadabra Spell, QiDao, Angle, Gravita Protocol, xDollar, Button Wrappers, Davos Protocol, DSU Money, and Fluidity Money.

Has Seneca ever been exploited?

Seneca has 1 recorded security incident. The most recent incident occurred on Feb 28, 2024 and involved $6.4m. It was classified as Access Control.