Shoebill V1
Shoebill Finance is a DeFi lending protocol that allows users to earn high stablecoin yields or take out interest-free loans and earn interest with leverage. When a borrower deposits tokens as collateral, Shoebill Finance earns interest by depositing them into protocols like Kokoa Finance, Kokonutswap, and Stake.ly. These interest earnings are then converted into the same tokens deposited by the creditor and distributed as interest
TVL by chain
About Shoebill V1
Shoebill V1 is a lending protocol deployed across 2 chains, led by Klaytn, Kava. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Shoebill V1 against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://app.shoebill.finance/