Silo Protocol (HDL)
Silo picks up where TEAL leaves off, providing next-gen DeFi vaults and strategies for the Algorand ecosystem. The Silo Protocol is built on decentralized vaults as a core primitive. Decentralized vaults allow for permissionless, trustless access to strategy-based DeFi instruments.
Total Value Locked
$42
30d Change
-6.7%
Category
Options Vault
1 chains
TVL — last 180 days
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Algorand | $42.79 | 101.9% |
About Silo Protocol
Silo Protocol is a options vault protocol deployed across 1 chain, led by Algorand. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Silo Protocol against the wider market on the live protocol rankings, or explore current yields across DeFi.