Logo of BendDAO Lending V1BendDAO Lending V1(BEND)
Total Value Locked$95,318

TVL by Chain

Ethereum$95,318

Key Metrics

Fees (Annualized)$1.42m
Fees 30d$24,493

Ethereum$24,493

Fees 7d$5,919

Ethereum$5,919

Fees 24h$887

Ethereum$887

Cumulative Fees$1.57m

Ethereum$1.57m

Revenue (Annualized)$605,881
Revenue 30d$12,218

Ethereum$12,218

Revenue 7d$2,962

Ethereum$2,962

Revenue 24h$440

Ethereum$440

Cumulative Revenue$659,980

Ethereum$659,980

Holders Revenue (Annualized)$605,881
Holders Revenue 30d$12,218

Ethereum$12,218

Holders Revenue 7d$2,962

Ethereum$2,962

Holders Revenue 24h$440

Ethereum$440

Cumulative Holders Revenue$659,980

Ethereum$659,980

Staked$0

Active Loans$2.98m

Protocol Information

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

Category:NFT Lending

Audits:

WebsiteTwitter

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 ($1.12m)Gondi V3 ($841,815)JPEG'd ($410,188)Arcade.xyz ($165,244)Revest Finance ($81,432)Pawnfi Lending ($42,445)X2Y2 ($30,225)OpenSky Finance ($17,531)Llamalend ($17,101)Pine Protocol ($15,608)