# Flux Finance

> Track Flux Finance's TVL and active loans with daily on-chain data. Compare Flux Finance with other lending projects. See charts and datasets in one place.

Source: [Flux Finance on Token Terminal](https://tokenterminal.com/explorer/projects/flux). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Lending
- Chains: ethereum

## About

### What it is

Flux Finance is a decentralized lending protocol that enables users to lend and borrow stablecoins against tokenized US Treasuries (OUSG). Built as a fork of Compound v2, the protocol is governed by the Ondo DAO and has been audited by Trail of Bits, OpenZeppelin, Certora, and Code4rena.

### Who uses it

Investors seeking yield on stablecoins, institutional users, DAO treasuries, and hardware wallet holders.

### How it works

Users deposit stablecoins (USDC, DAI) to earn interest and receive transferable fTokens (fUSDC, fDAI) representing claims on principal plus accrued interest.

## Metrics

Token Terminal tracks these metrics for Flux Finance daily. Each page has a chart with the full history.

- [Total value locked](https://tokenterminal.com/explorer/projects/flux/metrics/tvl)
- [Active loans](https://tokenterminal.com/explorer/projects/flux/metrics/active-loans)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/flux/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/flux/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/flux/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/flux/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/flux/metrics/gas-used)

## Links

- [twitter](https://twitter.com/FluxDeFi)
- [website](https://fluxfinance.com/)