Ask about Blend · freeTotal Value Locked$134.58m
TVL by Chain
Stellar$134.58m
Key Metrics
Fees 30d$387,560
Fees 30d by chain
Stellar$387,560
Fees 7d$87,182
Stellar$87,182
Fees 24h$11,905
Stellar$11,905
Cumulative Fees$5.98m
Stellar$5.98m
Revenue 30d$0
Revenue 30d by chain
Stellar$0
Revenue 7d$0
Stellar$0
Revenue 24h$0
Stellar$0
Cumulative Revenue$0
Stellar$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Stellar$0
Holders Revenue 7d$0
Stellar$0
Holders Revenue 24h$0
Stellar$0
Cumulative Holders Revenue$0
Stellar$0
Market Cap$416,373
$BLND Price$0.0062
Fully Diluted Valuation$416,373
$BLND Volume 24h$6,429
CEX Volume$0
DEX Volume$6,210(96.6% of total)
Active Loans$43.9m
Protocol Information
Blend is a modular liquidity protocol, allowing anyone to create flexible lending markets.
- Blend Pools V2Lending
- Blend PoolsLending
- Blend BackstopInsurance
- Blend Backstop V2Insurance
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Yields
Pools Tracked5
Average Supply APY2.86%
Hacks
Date: Feb 22, 2026
Protocol: Blend Pools V2
Amount: $10.97m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Stellar
Target Type: DeFi Protocol
Blend history
TVL is the default DefiLlama definition, which excludes Pool2 and Active Loans. Daily values are UTC snapshots from Jun 5, 2024 to Oct 19, 2026.
All-time high TVL: $173.19m on Oct 1, 2026. All-time low TVL: $802,501 on Jun 25, 2024.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 20, 2026 | $149.63m |
| Sep 21, 2026 | $153.06m |
| Sep 22, 2026 | $160.35m |
| Sep 23, 2026 | $161.11m |
| Sep 24, 2026 | $151.5m |
| Sep 25, 2026 | $164.37m |
| Sep 26, 2026 | $164.48m |
| Sep 27, 2026 | $161.46m |
| Sep 28, 2026 | $160.64m |
| Sep 29, 2026 | $170.92m |
| Sep 30, 2026 | $165.6m |
| Oct 1, 2026 | $173.19m |
| Oct 2, 2026 | $165.51m |
| Oct 3, 2026 | $162.74m |
| Oct 4, 2026 | $163.15m |
| Oct 5, 2026 | $168.48m |
| Oct 6, 2026 | $163.01m |
| Oct 7, 2026 | $159.83m |
| Oct 8, 2026 | $151.83m |
| Oct 9, 2026 | $146.38m |
| Oct 10, 2026 | $148.08m |
| Oct 11, 2026 | $149.06m |
| Oct 12, 2026 | $153.17m |
| Oct 13, 2026 | $144.22m |
| Oct 14, 2026 | $144.8m |
| Oct 15, 2026 | $138.31m |
| Oct 16, 2026 | $138.84m |
| Oct 17, 2026 | $137.65m |
| Oct 18, 2026 | $134.68m |
| Oct 19, 2026 | $135.55m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $12.66m |
| Dec 31, 2024 | $10.24m |
| Jan 31, 2025 | $12.23m |
| Feb 28, 2025 | $11.44m |
| Mar 31, 2025 | $10.44m |
| Apr 30, 2025 | $3.71m |
| May 31, 2025 | $12.59m |
| Jun 30, 2025 | $13.02m |
| Jul 31, 2025 | $30.33m |
| Aug 31, 2025 | $32.41m |
| Sep 30, 2025 | $38.45m |
| Oct 31, 2025 | $45.25m |
| Nov 30, 2025 | $75.43m |
| Dec 31, 2025 | $79.87m |
| Jan 31, 2026 | $74.74m |
| Feb 28, 2026 | $84.03m |
| Mar 31, 2026 | $100.58m |
| Apr 30, 2026 | $102.49m |
| May 31, 2026 | $142.43m |
| Jun 30, 2026 | $120.75m |
| Jul 31, 2026 | $129.96m |
| Aug 31, 2026 | $144.91m |
| Sep 30, 2026 | $165.6m |
| Oct 19, 2026 (latest) | $135.55m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $10.24m |
| Dec 31, 2025 | $79.87m |
Fees, revenue and holders revenue by UTC calendar month, May 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| May 2025 | $22,862 | $0 | $0 |
| Jun 2025 | $54,115 | $0 | $0 |
| Jul 2025 | $107,749 | $0 | $0 |
| Aug 2025 | $170,094 | $0 | $0 |
| Sep 2025 | $191,933 | $0 | $0 |
| Oct 2025 | $303,925 | $0 | $0 |
| Nov 2025 | $382,819 | $0 | $0 |
| Dec 2025 | $461,739 | $0 | $0 |
| Jan 2026 | $513,121 | $0 | $0 |
| Feb 2026 | $441,140 | $0 | $0 |
| Mar 2026 | $441,007 | $0 | $0 |
| Apr 2026 | $458,622 | $0 | $0 |
| May 2026 | $453,226 | $0 | $0 |
| Jun 2026 | $397,298 | $0 | $0 |
| Jul 2026 | $489,758 | $0 | $0 |
| Aug 2026 | $464,127 | $0 | $0 |
| Sep 2026 | $410,051 | $0 | $0 |
| Oct 2026 (to date) | $220,915 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/blend
Frequently asked questions
What is Blend's TVL?
As of Oct 19, 2026, Blend has $134.58m in total value locked. TVL has decreased 9.3% over the past 30 days.
What chains does Blend operate on?
Blend operates on Stellar. Stellar holds the largest share at 100%.
How much has Blend generated in fees and revenue?
Over the past 30 days, Blend generated $387,560 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $5.27m in fees.
What is the BLND token price and valuation?
BLND is currently trading at $0.006. Its circulating market capitalization is $402,056, ranking it #4,470. Its fully diluted valuation is $402,056. Supply currently stands at 67.14m circulating, 67.14m total supply.
How has BLND performed recently?
BLND is up 2.8% over the past 7 days and up 8.1% over the past 30 days. Its all-time high is $0.12, reached on Nov 27, 2024. The token is currently 95.2% below that level.
Which protocols are included in Blend?
Blend is a parent protocol whose tracked products include Blend Pools V2, Blend Pools, Blend Backstop, and Blend Backstop V2.
How much has been borrowed through Blend?
As of Oct 19, 2026, Blend has $43.9m in active loans.
Has Blend ever been exploited?
Blend has 1 recorded security incident. The most recent incident occurred on Feb 22, 2026 and involved $10.97m. It was classified as Oracle Manipulation.