education

UEV Daily Dashboard:

Flashloans are a novel concept made possible by DeFi and smart contract enabled blockchains. In essence, a flashloan is an unsecured loan that needs to be paid back in the same block. Because EVM chains allow for hundreds of transactions per block, someone can borrow money from a liquidity pool (Aave/Maker) do something with that money, and return it to the pool with a small fee all in the same block. Flashloans are on the rise by amount of txns on Polygon while Base and Ethereum dominate from amount borrowed.

UEV Daily Dashboard:

Flashloans are a novel concept made possible by DeFi and smart contract enabled blockchains. In essence, a flashloan is an unsecured loan that needs to be paid back in the same block. Because EVM chains allow for hundreds of transactions per block, someone can borrow money from a liquidity pool (Aave/Maker) do something with that money, and return it to the pool with a small fee all in the same block. Flashloans are on the rise by amount of txns on Polygon while Base and Ethereum dominate from amount borrowed.

https://dune.com/boc/flash-loans