Floe Labs

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.

TVL is calculated as the total collateral locked in active loans. Borrowed represents the total outstanding loan principal.

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

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Feb 19, 2026
   Listed on DeFiLlama

Floe Labs 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 on Base.

Floe Labs is a single-chain protocol, deployed exclusively on Base — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Base, Base-borrowed, borrowed), so a fault on any one of them would affect a large slice of users.

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

Floe Labs 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 Floe Labs's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL $26.2B · 24h +0.16%

Morpho V1

TVL $7B · 24h +0.57%

JustLend

TVL $3.4B · 24h +1.86%

Maple

TVL $2.4B · 24h -1.17%

SparkLend

TVL $2.2B · 24h +3.62%

Kamino Lend

TVL $2.1B · 24h -0.02%