Ask about BendDAO
Logo of BendDAOBendDAO(BEND)
Total Value Locked$2.83m

TVL by Chain

Ethereum$1.7m

ApeChain$1.13m

Key Metrics

Fees (Annualized)$1.39m
Fees 30d$25,545.03

Ethereum$25,545.03

Fees 7d$6,275.03

Ethereum$6,275.03

Fees 24h$910.01

Ethereum$910.01

Cumulative Fees$1.59m

Ethereum$1.59m

Revenue (Annualized)$596,821
Revenue 30d$12,706

Ethereum$12,706

Revenue 7d$3,118

Ethereum$3,118

Revenue 24h$454

Ethereum$454

Cumulative Revenue$665,954

Ethereum$665,954

Holders Revenue (Annualized)$596,821
Holders Revenue 30d$12,706

Ethereum$12,706

Holders Revenue 7d$3,118

Ethereum$3,118

Holders Revenue 24h$454

Ethereum$454

Cumulative Holders Revenue$665,954

Ethereum$665,954

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$596,821

$12,706

$3,118

$454

$665,954

Staked$0

Active Loans$2.94m

Treasury$214,123.59

$98,260.67

Stablecoins$115,717.75

Own Tokens$0

Others$145.17

Protocol Information

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

Category:Yield

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

Competitors

BendDAO APE Staking ($2.27m)Kimberlite ($69.01)Pendle ($1.2b)Spark Savings ($1.137b)Convex Finance ($604.65m)Stake DAO ($112.62m)Lorenzo sUSD1+ ($84.46m)Strata Markets ($77.26m)Yuzu Money ($65.73m)Concentrator ($62.25m)

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 $2.83m in total value locked. TVL has increased 393.3% 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 60.1%.

How much has BendDAO generated in fees and revenue?

Over the past 30 days, BendDAO generated $25,545.03 in fees. Of that, $12,706 was protocol revenue. Based on the trailing year, the annualized rate is $1.39m in fees and $596,821 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 $2.94m in active loans.

Does BendDAO have a treasury?

BendDAO has a tracked treasury currently valued at $214,123.59. Its holdings include $115,717.75 in stablecoins, $98,260.67 in major assets, $145.17 in other assets.