|Total Value Locked||24H|
|in ETH||6.1K ETH||+1.8%|
|in BTC||141 BTC||+4.3%|
|ETH Locked||349 ETH||-0.1 ETH|
|% Supply Locked||< 0.01%|
Dharma is an open-source lending / savings account built on Compound which prides itself on its ease of use and simplicity. Dharma’s Smart Wallet is a non-custodial wallet that automatically lends out any DAI or USDC it receives on Compound generating a variable interest rate. Dharma requires users have a fully verified Coinbase Account in order to create a new account. The Dharma Protocol, a lending protocol, originally launched in November 2017. In Spring 2019, Dharma publicly launched Dharma Lever, a debt market built on Dharma Protocol for fixed-duration, fixed-rate loans. The Dharma team eventually shuttered Lever to focus on Dharma’s current service built on Compound which ultimately launched in October 2019. Currently, Dharma collects 10% of all interest earned through its platform enabled by its dToken architecture. Dharma’s Smart Wallet has been audited by Trail of Bits.