Cooler Loans
(OHM)
Ethereum Chain
Lending
TVL by Chain
| Asset | Quantity |
|---|---|
| Ethereum | $241.76M |
| Ethereum-borrowed | $131.79M |
| borrowed | $131.79M |
Protocol Information
Cooler Loans is Olympus DAO's native lending protocol. Borrowers deposit gOHM as collateral to borrow stablecoins at a fixed 0.5% APR.
Methodology
TVL is gOHM collateral locked in Cooler Loans (V1 Clearinghouse + V2 MonoCooler). Borrowed is outstanding stablecoin debt (USDS for V2, DAI for V1). Cooler Loans is Olympus DAO's native lending protocol offering fixed-rate, perpetual loans against gOHM collateral at 0.5% APR.
