Wing Finance

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

Wing Finance's governance or utility token carries a market capitalisation of 363,9 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (363,9 mil US$) is small relative to deposits secured by the protocol (5,3 M US$); a mcap/TVL multiple of 0.07× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token. A further 2,8 mil US$ 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.

Wing 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 5 chains, including Ontology, Binance, Ethereum, OKExChain and 1 other chain. The codebase has been independently audited (1 report on file).

Wing Finance runs a multi-chain deployment, with smart contracts live on 5 networks. Roughly 98% of its on-chain value sits on just three networks (borrowed, Ontology-borrowed, Ontology), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (363,9 mil US$) is small relative to TVL (5,3 M US$) — a mcap/TVL ratio of 0.07 is often read as the token being structurally undervalued versus the activity it secures.

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

Wing 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 43,4 mil M US$ in deposits, giving you a frame of reference for whether Wing Finance'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%