Channels Finance
Track Your DeFi Wallet
Import your wallet to see all positions across 50+ chains
Protocol TVL
About Channels Finance
Channels.finance is the first fully decentralized lending platform on Heco, focusing on user asset security. The first release supports LP mortgage lending and LP vault pool. It currently supports 15 mainstream currencies and 6 (Mdex) LP asset mortgage lending .
The platform's token CAN has also been listed on Huobi Exchange on April 21. As a leading lending product on Heco, Channels has always performed well in asset security, user experience and mining revenue, and valued product experience and user interests.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Channels Finance tokenomics and on-chain capital
Channels Finance's governance or utility token carries a market capitalisation of $140.9K based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($140.9K) above the protocol's on-chain TVL ($14.1K) — a mcap/TVL multiple of 9.96× implies investors are paying for expected future fee flows rather than current deposits alone.
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.
Security & Audits
Protocol Profile
Channels 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 3 chains, including Heco, Binance, Arbitrum. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
TVL spans 3 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Channels Finance operates on 3 networks (Heco, Binance, Arbitrum), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Heco, Binance, Arbitrum), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap ($140.9K) currently exceeds total value locked ($14.1K) — a mcap/TVL ratio of 9.96 suggests the market is pricing in more growth than current deposits support.
Official Resources & Links
Verified external resources for Channels Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Lending protocols on Mantapex
Channels 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 $43.4B in deposits, giving you a frame of reference for whether Channels Finance's own TVL is at the top, middle, or tail of the category.
Recent Channels Finance news
Latest reporting from major crypto news outlets covering Channels Finance.
- Benzinga
Michael Saylor Changed Tactics To Buy More Bitcoin: What It Means For MSTR
Strategy (NASDAQ:MSTR) executive chairman Michael Saylor is increasingly turning to alternative funding channels to finance its Bitcoin (CRYPTO: BTC) purchases, signaling a shift…
- Crypto Economy
Venezuela Set to Transform Finance as Banks Prepare Bitcoin and Stablecoin Integration by December
Venezuela's payments network Conexus confirmed this week that local banks are preparing to integrate Bitcoin and stablecoin services by December, enabling users to access crypto…
- Bitcoin
Wall Street Moves Onchain as Franklin Templeton and Ondo Finance Accelerate Tokenized Access to ETFs
Tokenized ETFs enter blockchain markets as Ondo Finance and Franklin Templeton expand access to traditional assets, opening new global distribution channels while preserving…
- The Cryptonomist
FinChain Avalanche partnership targets RWA tokenization and institutional liquidity in Asia
Institutional demand for tokenized finance in Asia is accelerating as the finchain avalanche collaboration moves to bring traditional assets on-chain at scale. FinChain, a…
- NewsBTC
XRP Faith Hits New Highs As Long-Term Holders Talk Of Historic Endgame
Reports have circulated across social channels this week after a prominent XRP commentator warned critics that they may be underestimating the token's long-term role in finance.…
- NewsBTC
Massive Redistribution: Sui Foundation Retrieves 117 Million SUI Tokens From Market Makers
The Sui (SUI) Foundation has announced its latest initiative to strengthen its decentralized finance (DeFi) ecosystem, reclaiming 117 million SUI tokens worth $51.3 million from…
- Crypto Economy
Byreal Launches ‘Real Farmer Season' on Solana With Copy Farming Rewards
The launch of the “Real Farmer Season” campaign on the Solana network was officially announced by Byreal, the decentralized finance platform incubated by Bybit. Through a…
- BeInCrypto
DOT, ANKR and REEF – Indecision Looms Large Within DOT Ecosystem
Polkadot (DOT) has been increasing since May 23 and is trading inside a symmetrical triangle. Ankr (ANKR) & Reef Finance (REEF) are both trading inside descending parallel…
Related protocols
Other DeFi protocols connected to Channels Finance by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Lending protocols
Top protocols on Heco
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
Your Crypto Portfolio — Free Forever
Paste any wallet to see tokens, DeFi & NFTs across 50+ chains. Add exchanges, Polymarket & Kalshi anytime — all in one portfolio.