Lenders deposit funds into Iron Bank and receive interest payments from borrowers (supply-side fees).

Iron Bank is a non-custodial lending protocol built on Ethereum and other chains. Iron Bank was founded by an anonymous team and launched in 2022.

IB tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue).

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Lending

Iron Bank

# Gas used Methodology

## Overview

Gas used measures the total gas consumed by an application. It reflects how much users are willing to incur transaction costs when using the application.

Iron BankIB

Gas used

Gas used

Competitive landscape

Chain breakdown