Currencies33910
Market Cap$ 3.53T+0.28%
24h Spot Volume$ 53.36B+1.40%
DominanceBTC61.53%+0.17%ETH8.81%+0.12%
ETH Gas0.34 Gwei
Cryptorank
Open report modalReport issue
Echelon

Echelon  

51 Watchlists

DeFi

Status

General Info

Funds and Backers

Description

Echelon is a lending market connecting liquidity and supercharging yields.

What is Echelon?

Echelon is a decentralized financial market written in the Move programming language. Its users can borrow and lend assets to each other indirectly via non-custodial pools to earn interest or increase one's buying power with leverage.

Echelon is a money market enabling permissionless borrowing and lending of assets. The protocol protects lenders from defaults and collateral volatility by requiring borrowers to over-collateralize loans, alongside other risk management parameters.

Trending Coins and Tokens Flame icon