Logo of BendDAOBendDAO(BEND)
Total Value Locked$3.32m

TVL by Chain

Ethereum$2.01m

ApeChain$1.31m

Key Metrics

Fees (Annualized)$1.32m
Fees 30d$26,989.27

Ethereum$26,989.27

Fees 7d$6,453.07

Ethereum$6,453.07

Fees 24h$1,043.01

Ethereum$1,043.01

Cumulative Fees$1.61m

Ethereum$1.61m

Revenue (Annualized)$575,827
Revenue 30d$13,464

Ethereum$13,464

Revenue 7d$3,233

Ethereum$3,233

Revenue 24h$524

Ethereum$524

Cumulative Revenue$676,841

Ethereum$676,841

Holders Revenue (Annualized)$575,827
Holders Revenue 30d$13,464

Ethereum$13,464

Holders Revenue 7d$3,233

Ethereum$3,233

Holders Revenue 24h$524

Ethereum$524

Cumulative Holders Revenue$676,841

Ethereum$676,841

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$575,827

$13,464

$3,233

$524

$676,841

Staked$85,823

Active Loans$3.6m

Treasury$236,404.4

$124,705.25

Stablecoins$111,561.79

Own Tokens$0

Others$137.36

Protocol Information

Use your NFTs as collateral to borrow ETH or deposit your ETH and earn yields instantly.

Categories:YieldNFT Lending
Products:
WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

BendDAO Lending V1 - Interest paid by borrowers on NFT-collateralized loans + redemption fines (max(5% debt, 0.2 ETH)) paid to auction bidders.View code on GitHubBendDAO Lending V2 - Interest paid by borrowers across all pools and borrow groups (cross-margin + isolated) + isolate redeem bid fines paid to auction bidders.View code on GitHub

Revenue:

BendDAO Lending V1 - Protocol's share of borrow interest, 100% claimable by veBEND holders proportionally, distributed weekly as BWETH.View code on GitHubBendDAO Lending V2 - Protocol's share of borrow interest (set by each asset's on-chain fee factor), 100% claimable by veBEND holders proportionally.View code on GitHub
Holders Revenue: Protocol's share of borrow interest, 100% distributed to veBEND holders proportionally.View code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Frequently Asked Questions

What is BendDAO?

Use your NFTs as collateral to borrow ETH or deposit your ETH and earn yields instantly.

What is BendDAO's TVL?

BendDAO currently has $3.32m in total value locked. TVL has increased 399.4% over the past 30 days.

What chains does BendDAO operate on?

BendDAO operates on 2 chains: Ethereum and ApeChain. Ethereum holds the largest share at 60.6%.

How much has BendDAO generated in fees and revenue?

Over the past 30 days, BendDAO generated $26,989.27 in fees. Of that, $13,464 was protocol revenue. Based on the trailing year, the annualized rate is $1.32m in fees and $575,827 in revenue.

Which protocols are included in BendDAO?

BendDAO is a parent protocol whose tracked products include BendDAO APE Staking, BendDAO Lending V1, and BendDAO Lending V2.

How much has been borrowed through BendDAO?

BendDAO currently has $3.6m in active loans.

Does BendDAO have a treasury?

BendDAO has a tracked treasury currently valued at $236,404.4. Its holdings include $111,561.79 in stablecoins, $124,705.25 in major assets, $137.36 in other assets.