Gloop (GLOOP)
A DeFi suite consisting of two flagship products: 1. An index token protocol that allows users to invest in a basket of GMX liquidity providing assets by interacting with the protocol's Index contract. It manages various GM assets, calculates their weights, and allows users to mint, burn, and redeem index tokens. 2. A lending protocol which allows users to deposit and borrow USDC using GM assets (GMX liquidity provider tokens) as collateral.
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Arbitrum | $26.95K | 100.0% |
About Gloop
Gloop is a lending protocol deployed across 1 chain, led by Arbitrum. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Gloop against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://gloop.finance/