what's Ploutos?
Ploutos is a non-custodial, on-chain money market and leveraged yield farming protocol operating across multiple blockchains including Ethereum, Hemi, Arbitrum, Polygon, Base, Plasma, and Katana. Users supply major assets such as USDC, USDT, WETH, WBTC, and chain-native tokens like hemiBTC to earn yield on deposits while using them as collateral. The protocol facilitates borrowing against supplied positions, enabling leveraged farming strategies to amplify returns. It integrates with incentive platforms like Merkl for targeted rewards on net lending. Accessible via app.ploutos.money, Ploutos emphasizes efficient capital deployment in DeFi for productive stables and blue-chip assets.
Links
x.com/ploutos_moneySuffered a rug pull resulting in $400,000 in losses on February 26, 2026.
Has $75,000 in total value locked (TVL) for HYPE deposits as of February 24, 2026.
Offers 42.93% APR in USDC incentives plus airdrop points for HYPE deposits in its markets.
Operates a USDC lending vault on Ethereum with $559,860 TVL and 22.58% APR.
Has a USDT lending vault on Ethereum with 46% APY and $132K TVL.