Silo Finance

Lending

Silo Finance Review

Silo Finance, launched in 2021, brings a fresh approach to decentralized lending with its risk-isolated lending pools, or “silos.” Each silo works independently, so risks tied to one asset stay contained, offering an extra layer of security over traditional shared-pool models. This design means that almost any crypto asset can be added to Silo’s lending markets without compromising the whole system. Silo optimizes liquidity by using ETH and XAI as bridge assets, connecting different silos while maintaining efficiency. Backed by well-known investors like Electric Capital, Lattice Capital, and Moonlanding Ventures, Silo also empowers its community through a decentralized DAO model where users participate in key decisions for the protocol.

$79 776 907

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Silo Finance offers

USDC

1.22%

Status

Available

Flexible

$23 547

Ethereum

USDT

1.31%

Status

Available

Flexible

$261 961

Ethereum

AURA

1.82%

Status

Available

Flexible

$60 420

Ethereum

QNT

0.38%

Status

Available

Flexible

$18 221

Ethereum

weETH

0.5%

Status

Available

Flexible

$558 783

Ethereum

WBTC

Status

Available

Flexible

$83 490

Ethereum

Coin

Action

USDC

1.22%

Flexible

$23 547

Ethereum

USDT

1.31%

Flexible

$261 961

Ethereum

AURA

1.82%

Flexible

$60 420

Ethereum

QNT

0.38%

Flexible

$18 221

Ethereum

weETH

0.5%

Flexible

$558 783

Ethereum

WBTC

Flexible

$83 490

Ethereum

Crypto earn alerts on Silo Finance

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Silo Finance, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Silo Finance.

Earning crypto on Silo Finance

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Silo Finance. Check the table above for all the details.

Current TVL of the Silo Finance protocol

The Silo Finance protocol's Total Value Locked (TVL) is currently $79 776 907. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Silo Finance is holding.

Silo Finance protocol type

Silo Finance is a decentralized finance lending platform that allows users to earn interest by lending assets or expand their holdings through borrowing. Built with smart contracts, Silo Finance provides a secure and transparent environment for transactions, offering flexibility and control without traditional intermediaries.

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