Rho Markets
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Protocol TVL
About Rho Markets
Liquidity Layer on Scroll_ZKP. Lending & Yielding
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
How Rho Markets's TVL is measured
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.
Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.
If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.
Rho Markets Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Jun 24, 2024Listed on DeFiLlama
Protocol Profile
Rho Markets 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 Scroll.
TVL Distribution by Chain
TVL spans 3 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Rho Markets is a single-chain protocol, deployed exclusively on Scroll — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Scroll-borrowed, borrowed, Scroll), so a fault on any one of them would affect a large slice of users.
Official Resources & Links
Verified external resources for Rho Markets — 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
Rho Markets 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 Rho Markets's own TVL is at the top, middle, or tail of the category.
Recent Rho Markets news
Latest reporting from major crypto news outlets covering Rho Markets.
- CryptoSlate
Ethereum Layer 2 Scroll halts chain finalization after Rho Markets suffers $7.6M breach
Ethereum layer-2 network Scroll has delayed its chain finalization due to a potentially exploitable bug within its ecosystem. On July 19, Rho Markets, a lending protocol on the…
- Decrypt
Ethereum DeFi Platform Recovers $7.6 Million After Complying With Exploiter's Demands
An exploit that took place on the Ethereum layer-2 scaling network Scroll saw millions drained from Rho Markets.
- Coingape
Ethereum Layer 2 Rho Protocol Suffers $7.6M Security Breach
RhoMarketsHQ has disclosed a security breach on its platform that runs on the Ethereum Layer 2 solution, Scroll. The attack was on the Oracle controls and this led to the shutting…
- CryptoPotato
Flurry Finance Deploys on Polygon After Hitting $3M TVL in a Month Since Launch
[PRESS RELEASE – Hong Kong, Hong Kong, 26th November 2021] Flurry Finance, a DeFi protocol that offers efficient cross-chain yield farming to the DeFi community, is all set to…
- CryptoGlobe
Flurry Finance Deploys on Polygon After Hitting $3 Million TVL in Just a Month of Launch
Hong Kong, Hong Kong, 26th November, 2021, Flurry Finance, a DeFi protocol that offers efficient cross-chain yield farming to the DeFi community, is all set to deploy its utility…
Related protocols
Other DeFi protocols connected to Rho Markets 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 Scroll
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.
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