Powercity Flex Protocol

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.

Total Value Locked includes all Troves, Stability Pool, Staking Pool and LP Farming Pools

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

A further $106K sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

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.

Powercity Flex Protocol is published as a versioned release inside the Powercity 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.

Powercity Flex Protocol is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

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

1. Jul 15, 2024
   Listed on DeFiLlama

Powercity Flex Protocol is a CDP 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 Pulse.

Powercity Flex Protocol is a single-chain protocol, deployed exclusively on Pulse — this concentrates execution risk but simplifies the trust model. Roughly 96% of its on-chain value sits on just three networks (Pulse, Pulse-staking, staking), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (TWAP); an outage or manipulation of that feed would propagate into every market the protocol prices.

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

Powercity Flex Protocol is one of 7 CDP protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Sky Lending, USDD, Lista CDP, and 3 more. These peer protocols collectively secure $9.2B in deposits, giving you a frame of reference for whether Powercity Flex Protocol's own TVL is at the top, middle, or tail of the category.

Sky Lending

TVL $7.4B · 24h -0.04%

USDD

TVL $563.6M · 24h -12.33%

Lista CDP

TVL $422.5M · 24h -0.11%

Avalon USDa

TVL $403.7M · 24h -0.57%

Liquity V1

TVL $180.4M · 24h +0.29%

Reservoir Protocol

TVL $166.9M · 24h +15.44%