Logo of TorchesTorches
Total Value Locked$25,255.48

TVL by Chain

KCC$25,255.48

Key Metrics

Active Loans$304.4

Protocol Information

Torches is a decentralized non-custodial liquidity protocol based on KCC, where users, wallets and dapps can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an over-collateralised manner

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Category:Lending

Audits:

Methodology

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

Competitors

0xLend ($949.12)Aave V3 ($17.511b)Morpho Blue ($9.686b)SparkLend ($4.83b)JustLend V1 ($3.716b)Maple ($2.904b)Compound V3 ($1.443b)Kamino Lend ($1.345b)Venus Core Pool ($1.274b)Jupiter Lend ($1.079b)

Frequently Asked Questions

What is Torches' TVL?

Torches currently has $25,255.48 in total value locked. TVL has increased 3,299.1% over the past 30 days.

What chains does Torches operate on?

Torches operates on KCC. KCC holds the largest share at 100%.

How does Torches' TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Torches ranks #292 by TVL. The category holds $50.763b across 523 protocols, and Torches accounts for <0.1% of that total. Other leading protocols include 0xLend, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Compound V3, Kamino Lend, Venus Core Pool, and Jupiter Lend.

How much has been borrowed through Torches?

Torches currently has $304.4 in active loans.