How it is measured
Each app is read from its own contracts and logged every ten minutes. Anything compared across chains comes from DefiLlama, so every chain is measured the same way.
Where each number comes from
- Astroport
- Its factory and pools on phoenix-1, from our ten-minute log. Prices come from the pools, anchored to USDC.
- Liquid staking
- The Eris and Backbone hubs and the staking module, from the same log.
- Creda
- Its own contracts on phoenix-1 for the figures now; the log for how they moved.
- Other chains
- DefiLlama for value locked and money markets, CoinGecko for token prices.
How activity is counted
A day’s transactions are counted inside a fixed range of blocks, never as the difference between two running totals. Public nodes prune at different depths, so a running total depends on which node answers; bounded by block height they agree exactly. Each reading measures its own day, so a missed recording leaves a gap instead of a false spike.
On Astroport, a routed swap is one transaction but appears in every pool it passes, so per-pool counts are never summed. A wallet that trades in 3 or more pools in a day is counted as arbitrage. On Creda, addresses that pack many operations into one signature are counted as automation and kept apart from people.
Why not the protocol’s own API
Creda runs an indexer and a GraphQL API. Neither is used here, because the party being measured could switch them off, rate limit them or change them. The contracts cannot be quietly edited.
How the numbers are checked
Creda stores virtual amounts: the real amount is the virtual total times that market’s index, which grows as interest accrues. Assets also carry different decimals (6, 8 and 18 all occur), and only the oracle says which.
Every per-market sum is checked against the contract’s own total, and the gap is carried as drift. Above half a percent the markets are marked unreliable and the reading is left out of the chart. It stays in the log.
Why the history is short
Creda is not listed on DefiLlama, so no older history exists. The recording began on 2026-09-16 and adds one reading every ten minutes.
What a figure is not
- A liquid staking token’s redemption rate rises as rewards arrive. It is not what the token trades for.
- Interest rates are parameters the contracts publish. They are never an offer, and nothing here invites anyone to lend, borrow or deposit anything.
- A total value is a method. DefiLlama leaves liquid staking tokens out so the same LUNA is not counted twice; Astroport’s figure here includes them, and both are shown.
What is measured
- Chains
- Terra2, Terra Classic, Osmosis, Injective, Neutron, Kava
- Money markets
- kava-lend, mars-lend, nolus-protocol, shadelend, umee
- Creda portfolio
terra1y6hfmr3lxxj6srduhlfz96x7sga2984pr757a0nrfuqxa9rqxapqcjv4zz- Creda oracle
terra1wj56ld9e9tuuw6qqr8m5ac8h953te65jcxz7c0dgekrud8lxwjgqryuwg3- Global config
terra1skhnhcj653zfkqzd4txcashg0qu4v0vnpckeztgmsm46cqn33lhsxyej6c- Liquidator
terra14452q6ypfn7xaque0hu8y9420xwu3y9gq7zw8f9rc82tx7rk2hlq8a7ca3
Reading it yourself
/api/creda returns Creda as this page reads it: totals, every market, what the protocol has kept, who can move it and how close the loans are to liquidation. It is open to anyone, from any site.
The ✦ in the corner
It links to your wallet in Openfields Home and takes a question to Openfields Ask. This site connects no wallet.
Who is behind it
An independent Openfields project. Not an official Terra product, and not affiliated with Terraform Labs, Phoenix Foundation or any protocol measured here. Not financial advice.