Total Value Locked$72,341
TVL by Chain
Ethereum$72,341
Key Metrics
Fees (Annualized)$384,751
Fees 30d$31,537
Ethereum$31,537
Fees 7d$7,321
Ethereum$7,321
Fees 24h$1,008
Ethereum$1,008
Cumulative Fees$1.52m
Ethereum$1.52m
Revenue (Annualized)$189,051
Revenue 30d$15,496
Ethereum$15,496
Revenue 7d$3,596
Ethereum$3,596
Revenue 24h$499
Ethereum$499
Cumulative Revenue$634,504
Ethereum$634,504
Holders Revenue (Annualized)$189,051
Holders Revenue 30d$15,496
Ethereum$15,496
Holders Revenue 7d$3,596
Ethereum$3,596
Holders Revenue 24h$497
Ethereum$497
Cumulative Holders Revenue$634,502
Ethereum$634,502
Staked$51,678
Active Loans$3.27m
Protocol Information
BendDAO is a decentralized peer-to-pool based NFT liquidity protocol.
CategoryNFT 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 GitHubYields
Pools Tracked2
Average APY13.68%
