Iron Bank

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

Iron Bank's governance or utility token carries a market capitalisation of 32.787,6 $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (32.787,6 $) is small relative to deposits secured by the protocol (227.084,9 $); a mcap/TVL multiple of 0.14× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

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. Jan 21, 2022
   Auf DeFiLlama gelistet

Iron Bank 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 4 chains, including Ethereum, Optimism, Avalanche, Fantom. The codebase has been independently audited (1 report on file).

Iron Bank operates on 4 networks (Ethereum, Optimism, Avalanche, Fantom), keeping its surface area narrower than chain-agnostic peers. TVL is comparatively balanced across networks: even the largest deployment (borrowed) holds only 32% 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. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (32.787,6 $) is small relative to TVL (227.084,9 $) — a mcap/TVL ratio of 0.14 is often read as the token being structurally undervalued versus the activity it secures.

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

Iron Bank 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 Iron Bank'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%