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Silo Finance news
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About Silo Finance
Silo brings isolated lending markets to all token assets in the same way Uniswap brought liquidity pools to thousands of tokens. Users are able to use any token as collateral.
Silo is secure, efficient, and inclusive. The impact of a token being exploited, or manipulated, is isolated to the respective market, rather than the protocol.
Each lending silo supports two assets only; the bridge token and a unique token. This design concentrates liquidity in single pools and allows for efficiency. Silo's markets are permissionless and therefore any token asset can have a borrow/lend market.
The live Silo Finance price today is $0.055199 USD with a 24-hour trading volume of $67,008.34 USD. We update our SILO to USD price in real-time. Silo Finance is up 0.98% in the last 24 hours. The current CoinMarketCap ranking is #3919, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 SILO coins.