Exchange Silo Finance

silo Price Live Data

The live Silo Finance price today is $ 0.074 usd with a 24-hour trading volume of $13 760 usd. We update our SILO to usd price in real-time. Silo Finance is down -2.18% in the last 24 hours. The current coinmarketcap ranking is #980, with a live market cap of $23 339 946 usd. It has a circulating supply of 315 293 538 SILO coins and the max. Supply of 1 000 000 000 SILO coins.

What Is Silo Finance (silo)?

Silo is a non-custodial lending protocol to borrow any crypto asset with another. SECURE BY DESIGN When you deposit in a Silo, you don't share the risk with other tokens in the protocol. Silos can only borrow the bridge asset from each other, keeping the risk isolated to a single Silo. EFFICIENT To concentrate liquidity, each token asset gets one Silo only. With the bridge asset connecting all Silos, liquidity moves fluidly in the protocol, enabling any collateral token to borrow another. PERMISSIONLESS Silo is designed to support any token asset on the chains it operates on. Silos share default collateral factors that can be adjusted on a Silo level at any time.