Key Metrics
Fees 30d$32,181
Fees 30d by chain
Ethereum$32,181
Fees 7d$7,845
Ethereum$7,845
Fees 24h$1,128
Ethereum$1,128
Cumulative Fees$1.63m
Ethereum$1.63m
Revenue 30d$16,045
Revenue 30d by chain
Ethereum$16,045
Revenue 7d$3,899
Ethereum$3,899
Revenue 24h$557
Ethereum$557
Cumulative Revenue$689,886.09
Ethereum$689,886.09
Holders Revenue 30d$16,045
Holders Revenue 30d by chain
Ethereum$16,045
Holders Revenue 7d$3,899
Ethereum$3,899
Holders Revenue 24h$557
Ethereum$557
Cumulative Holders Revenue$689,886.09
Ethereum$689,886.09
Staked$0
Active Loans$3.77m
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 $565,910.24 in total value locked. TVL has increased 11.2% 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 $32,181 in fees. Of that, $16,045 was protocol revenue. Based on the trailing year, the annualized rate is $1.25m in fees and $556,262.09 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 $12.85m 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 $3.77m in active loans.