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Add Extra Finance's borrowed data #11834

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@ExtraFi ExtraFi commented Oct 6, 2024

Add Extra Finance's borrowed data.

@llamatester
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The adapter at projects/extra exports TVL:

base                      140.33 M
borrowed                  78.11 M
base-borrowed             68.61 M
optimism                  20.64 M
optimism-borrowed         9.51 M

total                    160.97 M 

@g1nt0ki
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g1nt0ki commented Oct 8, 2024

hi @ExtraFi
Usually we dont show borrowed part for leverage farming protocols since the money never leaves the protocol, but discussing with the team whether we should show it

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ExtraFi commented Oct 10, 2024

hi @ExtraFi Usually we dont show borrowed part for leverage farming protocols since the money never leaves the protocol, but discussing with the team whether we should show it

Thanks for the reply. actually, we’ve observed that the leveraged yield farming category is shrinking, with total TVL in this sector currently around $500M. As a lending protocol focused on enabling LPs to borrow, we see greater growth potential in the lending space. That’s why we’re aiming to change our category to lending—it’s a more accurate reflection of our protocol and the way extrafi should be evaluated and exposed to users.

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3 participants