Granary Finance

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

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.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Granary Finance's governance or utility token carries a market capitalisation of 90.049,7 $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (90.049,7 $) and TVL (167.403,9 $) trade close together, giving a mcap/TVL multiple of 0.54× — broadly the range market participants treat as "fair" for an established DeFi protocol.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Mar 5, 2022
   Auf DeFiLlama gelistet

Granary Finance is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed across 8 chains, including Optimism, Metis, Arbitrum, Binance and 4 other chains.

Granary Finance runs a multi-chain deployment, with smart contracts live on 8 networks. TVL is comparatively balanced across networks: even the largest deployment (borrowed) holds only 35% of the protocol's value. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Token market cap (90.049,7 $) and TVL (167.403,9 $) trade at a ratio of 0.54, in the range generally considered normal for an established DeFi protocol.

Verified external resources for Granary Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Granary Finance is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, Morpho V1, JustLend, and 3 more. These peer protocols collectively secure 43,4 Mrd. $ in deposits, giving you a frame of reference for whether Granary Finance's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 Mrd. $ · 24h +0.16%

Morpho V1

TVL 7 Mrd. $ · 24h +0.57%

JustLend

TVL 3,4 Mrd. $ · 24h +1.86%

Maple

TVL 2,4 Mrd. $ · 24h -1.17%

SparkLend

TVL 2,2 Mrd. $ · 24h +3.62%

Kamino Lend

TVL 2,1 Mrd. $ · 24h -0.02%