Logo of BendDAO Lending V1BendDAO Lending V1(BEND)
Total Value Locked$513,453

TVL by Chain

Ethereum$513,453

Key Metrics

Fees (Annualized)$1.37m
Fees 30d$26,199

Ethereum$26,199

Fees 7d$6,214

Ethereum$6,214

Fees 24h$888

Ethereum$888

Cumulative Fees$1.59m

Ethereum$1.59m

Revenue (Annualized)$591,460
Revenue 30d$13,034

Ethereum$13,034

Revenue 7d$3,087

Ethereum$3,087

Revenue 24h$432

Ethereum$432

Cumulative Revenue$668,794

Ethereum$668,794

Holders Revenue (Annualized)$591,460
Holders Revenue 30d$13,034

Ethereum$13,034

Holders Revenue 7d$3,087

Ethereum$3,087

Holders Revenue 24h$432

Ethereum$432

Cumulative Holders Revenue$668,794

Ethereum$668,794

Staked$47,083.14

Active Loans$2.94m

Protocol Information

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

Category:NFT Lending

Audits:

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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 ($6.23m)Gondi V3 ($2.3m)JPEG'd ($439,073.54)Arcade.xyz ($163,660.41)Revest Finance ($80,682.41)X2Y2 ($35,132.22)Pine Protocol ($18,015.13)OpenSky Finance ($17,185.72)Llamalend ($16,627.86)NFTfi ($12,171.77)

Frequently Asked Questions

What is BendDAO Lending V1?

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

What is BendDAO Lending V1's TVL?

BendDAO Lending V1 currently has $513,453 in total value locked. TVL has increased 457% 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 $26,199 in fees. Of that, $13,034 was protocol revenue. Based on the trailing year, the annualized rate is $1.37m in fees and $591,460 in revenue.

How much has been borrowed through BendDAO Lending V1?

BendDAO Lending V1 currently has $2.94m in active loans.