Hodler — Crypto Portfolio Tracker and Analytics

Silo Finance [OLD] | SILO

$0.002384

Coin info

Rank
#5416
Market Cap
$156,203
Volume (24h)
$13,514.42
Circulating Supply
82,638,114.17
Total Supply
1,000,000,000

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

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Rise 40%

Fall 60%

About Silo Finance [OLD]

Silo is a non-custodial lending protocol to borrow any crypto asset with another. SECURE BY DESIGN When you deposit in a Silo, you don't share the risk with other tokens in the protocol. Silos can only borrow the bridge asset from each other, keeping the risk isolated to a single Silo. EFFICIENT To concentrate liquidity, each token asset gets one Silo only. With the bridge asset connecting all Silos, liquidity moves fluidly in the protocol, enabling any collateral token to borrow another. PERMISSIONLESS Silo is designed to support any token asset on the chains it operates on. Silos share default collateral factors that can be adjusted on a Silo level at any time.