Logo of BendDAO Lending V1BendDAO Lending V1(BEND)

Total Value Locked$579,076

TVL by Chain

Ethereum$579,076

Key Metrics

Fees 30d$34,929
Fees 30d by chain

Ethereum$34,929

Fees 7d$8,430

Ethereum$8,430

Fees 24h$1,209

Ethereum$1,209

Cumulative Fees$1.66m

Ethereum$1.66m

Revenue 30d$17,402
Revenue 30d by chain

Ethereum$17,402

Revenue 7d$4,200

Ethereum$4,200

Revenue 24h$600

Ethereum$600

Cumulative Revenue$702,880

Ethereum$702,880

Holders Revenue 30d$17,402
Holders Revenue 30d by chain

Ethereum$17,402

Holders Revenue 7d$4,200

Ethereum$4,200

Holders Revenue 24h$600

Ethereum$600

Cumulative Holders Revenue$702,880

Ethereum$702,880

Staked$69,490

Active Loans$4m

Protocol Information

BendDAO is a decentralized peer-to-pool based NFT liquidity protocol.

WebsiteX/Twitter
Category:NFT Lending

Audits:

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Interest paid by borrowers on NFT-collateralized loans + redemption fines (max(5% debt, 0.2 ETH)) paid to auction bidders.View code on GitHubRevenue: Protocol's share of borrow interest, 100% claimable by veBEND holders proportionally, distributed weekly as BWETH.View code on GitHubHolders Revenue: Protocol's share of borrow interest, 100% distributed to veBEND holders proportionally.View code on GitHub

Competitors

Blur Lending ($8.2m)Gondi V3 ($3.01m)JPEG'd ($619,869)Arcade.xyz ($232,205)Revest Finance ($119,618)Pine Protocol ($24,964)Llamalend ($24,181)OpenSky Finance ($22,518)MMO Finance ($19,608)NFTfi ($16,846)

Frequently Asked Questions

What is BendDAO Lending V1's TVL?

BendDAO Lending V1 currently has $579,076 in total value locked. TVL has decreased 4.7% over the past 30 days.

What chains does BendDAO Lending V1 operate on?

BendDAO Lending V1 operates on Ethereum. Ethereum holds the largest share at 100%.

How much has BendDAO Lending V1 generated in fees and revenue?

Over the past 30 days, BendDAO Lending V1 generated $34,929 in fees. Of that, $17,402 was protocol revenue. Based on the trailing year, the annualized rate is $1.19m in fees and $539,041 in revenue.

How does BendDAO Lending V1's TVL compare to similar protocols?

Among NFT Lending protocols tracked by DefiLlama, BendDAO Lending V1 ranks #4 by TVL. The category holds $13.13m across 32 protocols, and BendDAO Lending V1 accounts for 4.4% of that total. Other leading protocols include Blur Lending, Gondi V3, JPEG'd, Arcade.xyz, Revest Finance, Pine Protocol, Llamalend, OpenSky Finance, MMO Finance, and NFTfi.

How much has been borrowed through BendDAO Lending V1?

BendDAO Lending V1 currently has $4m in active loans.