Logo of BendDAO Lending V1BendDAO Lending V1(BEND)
Total Value Locked$88,635

TVL by Chain

Ethereum$88,635

Key Metrics

Fees (Annualized)$1.45m
Fees 30d$25,329

Ethereum$25,329

Fees 7d$5,670

Ethereum$5,670

Fees 24h$787

Ethereum$787

Cumulative Fees$1.55m

Ethereum$1.55m

Revenue (Annualized)$614,515
Revenue 30d$12,587

Ethereum$12,587

Revenue 7d$2,843

Ethereum$2,843

Revenue 24h$397

Ethereum$397

Cumulative Revenue$651,416

Ethereum$651,416

Holders Revenue (Annualized)$614,515
Holders Revenue 30d$12,587

Ethereum$12,587

Holders Revenue 7d$2,843

Ethereum$2,843

Holders Revenue 24h$397

Ethereum$397

Cumulative Holders Revenue$651,416

Ethereum$651,416

Staked$48,282

Active Loans$2.59m

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 ($944,737)Gondi V3 ($732,467)JPEG'd ($345,901)Arcade.xyz ($139,287)Revest Finance ($70,358)Pawnfi Lending ($35,599)OpenSky Finance ($15,527)Llamalend ($14,394)Pine Protocol ($13,118)MMO Finance ($10,026)