Logo of BendDAO Lending V1BendDAO Lending V1(BEND)
Total Value Locked$94,324

TVL by Chain

Ethereum$94,324

Key Metrics

Fees (Annualized)$364,011
Fees 30d$29,837

Ethereum$29,837

Fees 7d$6,495

Ethereum$6,495

Fees 24h$842

Ethereum$842

Cumulative Fees$1.54m

Ethereum$1.54m

Revenue (Annualized)$178,327
Revenue 30d$14,617

Ethereum$14,617

Revenue 7d$3,161

Ethereum$3,161

Revenue 24h$420

Ethereum$420

Cumulative Revenue$643,366

Ethereum$643,366

Holders Revenue (Annualized)$178,327
Holders Revenue 30d$14,617

Ethereum$14,617

Holders Revenue 7d$3,161

Ethereum$3,161

Holders Revenue 24h$420

Ethereum$420

Cumulative Holders Revenue$643,366

Ethereum$643,366

Staked$59,742

Active Loans$2.74m

Protocol Information

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

CategoryNFT 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 ($941,139)Gondi V3 ($792,880)JPEG'd ($373,216)Arcade.xyz ($152,082)Revest Finance ($77,486)Pawnfi Lending ($38,395)OpenSky Finance ($16,354)Llamalend ($15,768)Bitty ($15,363)Pine Protocol ($14,168)