Silo V1

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.

We calculate TVL by interacting with Silo Factory smart contracts on Ethereum, Arbitrum, Base & Optimism. For Ethereum, it queries (Main-V1)(0xB7d391192080674281bAAB8B3083154a5f64cd0a), (Legacy-V1)(0x4D919CEcfD4793c0D47866C8d0a02a0950737589), (Convex Factory-V1)(0x6d4A256695586F61b77B09bc3D28333A91114d5a), and (LLAMA Edition-V1)(0x2c0fA05281730EFd3ef71172d8992500B36b56eA). On Arbitrum, we query the Silo Arbitrum factory (Main-V1)(0x4166487056A922D784b073d4d928a516B074b719), On Optimism, we query the Silo Optimism factory (Main-V1)(0x6B14c4450a29Dd9562c20259eBFF67a577b540b9), On Base, we query the Silo Base factory (Main-V1)(0x408822E4E8682413666809b0655161093cd36f2b), we query the to obtain the addresses of Silos, retrieve the assets of each Silo, and then calculates the sum of the deposited tokens, borrowed amount are exported separately.

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

Silo V1 is published as a versioned release inside the Silo Finance protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Silo V1 ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

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

1. Aug 25, 2022
   Auf DeFiLlama gelistet
2. Jan 15, 2025
   Launch Silo V2
3. Aug 25, 2023
   Launch CRV market

Silo V1 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 5 chains, including Arbitrum, Ethereum, Optimism, Base and 1 other chain. The codebase has been independently audited (3 reports on file). DeFiLlama tracks 2 historical events for this protocol since 2023.

Silo V1 runs a multi-chain deployment, with smart contracts live on 5 networks. Roughly 92% of its on-chain value sits on just three networks (Arbitrum, borrowed, Arbitrum-borrowed), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. 3 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer.

Verified external resources for Silo V1 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Silo V1 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 Silo V1'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%