Key Stats

Total Value Locked24H
in USD$1.3M-0.4%
in ETH3.8K ETH-7.7%
in BTC123 BTC-3.7%
ETH Locked347 ETH-0 ETH
% Supply Locked< 0.01%
Most Locked$ETH
Protocol Token-

Total Value Locked (USD) in Dharma

  • TVL (USD)
  • ETH
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is Dharma?

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.

How to use Dharma

Head over to Dharma’s homepage and sign in using your Coinbase account. Alternatively, former Dharma Lever users can select “Login with email and password” to login using their existing login credentials.

Ecosystem Links

Dharma FAQEthHub - DharmaDharma DiscordDharma Telegram