Logo of BendDAO Lending V1BendDAO Lending V1(BEND)
Total Value Locked$91,347

TVL by Chain

Ethereum$91,347

Key Metrics

Fees (Annualized)$1.48m
Fees 30d$29,599

Ethereum$29,599

Fees 7d$6,390

Ethereum$6,390

Fees 24h$806

Ethereum$806

Cumulative Fees$1.54m

Ethereum$1.54m

Revenue (Annualized)$622,715
Revenue 30d$14,498

Ethereum$14,498

Revenue 7d$3,114

Ethereum$3,114

Revenue 24h$401

Ethereum$401

Cumulative Revenue$643,756

Ethereum$643,756

Holders Revenue (Annualized)$622,715
Holders Revenue 30d$14,498

Ethereum$14,498

Holders Revenue 7d$3,114

Ethereum$3,114

Holders Revenue 24h$401

Ethereum$401

Cumulative Holders Revenue$643,756

Ethereum$643,756

Staked$0

Active Loans$2.54m

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 ($871,903)Gondi V3 ($723,745)JPEG'd ($339,556)Arcade.xyz ($138,286)Revest Finance ($70,637)Pawnfi Lending ($34,967)OpenSky Finance ($15,296)Llamalend ($14,082)Bitty ($14,019)Pine Protocol ($12,857)