SmartCredit

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

SmartCredit's governance or utility token carries a market capitalisation of 312,2 mil US$ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (312,2 mil US$) and TVL (728,8 mil US$) trade close together, giving a mcap/TVL multiple of 0.43× — broadly the range market participants treat as "fair" for an established DeFi protocol.

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.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Apr 26, 2022
   Listado en DeFiLlama

SmartCredit 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 Ethereum. The codebase has been independently audited (1 report on file).

SmartCredit is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Ethereum-borrowed, borrowed), so a fault on any one of them would affect a large slice of users. Price discovery relies on 2 oracle providers (Chainlink, TWAP), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap (312,2 mil US$) and TVL (728,8 mil US$) trade at a ratio of 0.43, in the range generally considered normal for an established DeFi protocol.

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

SmartCredit 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 mil M US$ in deposits, giving you a frame of reference for whether SmartCredit's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 mil M US$ · 24h +0.16%

Morpho V1

TVL 7035,6 M US$ · 24h +0.57%

JustLend

TVL 3412,9 M US$ · 24h +1.86%

Maple

TVL 2423,3 M US$ · 24h -1.17%

SparkLend

TVL 2235,3 M US$ · 24h +3.62%

Kamino Lend

TVL 2077,2 M US$ · 24h -0.02%