Ask about Backed
Logo of BackedBacked
Total Value Locked$0

TVL by Chain

Ethereum$0

Key Metrics

Total Raised$9.5m

Apr 30, 2024$9.5mRound: Series AInvestors: Gnosis, Exor Seeds, Cyber Fund , Mindset Ventures, Stake Capital Ventures, Blockchain Founders Fund, Blue Bay Capital, Nonce Classic

Protocol Information

Use NFTs to get a loan

Category:NFT Lending

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Blur Lending ($6.57m)Gondi V3 ($2.18m)BendDAO Lending V1 ($551,351.88)JPEG'd ($444,819.97)Arcade.xyz ($165,739.18)Revest Finance ($82,315.86)X2Y2 ($40,724.6)Pine Protocol ($18,537.95)OpenSky Finance ($17,351.41)Llamalend ($17,137.64)

Frequently Asked Questions

What is Backed?

Use NFTs to get a loan

What is Backed's TVL?

Backed currently has $0 in total value locked.

What chains does Backed operate on?

Backed operates on Ethereum.

How does Backed's TVL compare to similar protocols?

Among NFT Lending protocols tracked by DefiLlama, Backed ranks #27 by TVL. The category holds $10.31m across 29 protocols, and Backed accounts for 0% of that total. Other leading protocols include Blur, Gondi, and BendDAO.