Key Metrics
Fees (Annualized)$1.31m
Fees 30d$27,791
Ethereum$27,791
Fees 7d$7,269
Ethereum$7,269
Fees 24h$1,114
Ethereum$1,114
Cumulative Fees$1.61m
Ethereum$1.61m
Revenue (Annualized)$572,159
Revenue 30d$13,890
Ethereum$13,890
Revenue 7d$3,645
Ethereum$3,645
Revenue 24h$552
Ethereum$552
Cumulative Revenue$678,820
Ethereum$678,820
Holders Revenue (Annualized)$572,159
Holders Revenue 30d$13,890
Ethereum$13,890
Holders Revenue 7d$3,645
Ethereum$3,645
Holders Revenue 24h$552
Ethereum$552
Cumulative Holders Revenue$678,820
Ethereum$678,820
Staked$88,062.9
Active Loans$3.72m
Protocol Information
BendDAO is a decentralized peer-to-pool based NFT liquidity protocol.
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 GitHubCompetitors
Frequently Asked Questions
What is BendDAO Lending V1's TVL?
BendDAO Lending V1 currently has $690,759.59 in total value locked. TVL has increased 632.4% 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 $27,791 in fees. Of that, $13,890 was protocol revenue. Based on the trailing year, the annualized rate is $1.31m in fees and $572,159 in revenue.
How does BendDAO Lending V1's TVL compare to similar protocols?
Among NFT Lending protocols tracked by DefiLlama, BendDAO Lending V1 ranks #3 by TVL. The category holds $14.08m across 32 protocols, and BendDAO Lending V1 accounts for 4.9% of that total. Other leading protocols include Blur Lending, Gondi V3, JPEG'd, Arcade.xyz, Revest Finance, Pine Protocol, Llamalend, OpenSky Finance, NFTfi, and MMO Finance.
How much has been borrowed through BendDAO Lending V1?
BendDAO Lending V1 currently has $3.72m in active loans.
