Ask about Blend
Logo of BlendBlend
Total Value Locked$120.93m

TVL by Chain

Stellar$120.93m

Key Metrics

Fees (Annualized)$4.25m
Fees 30d$395,661

Stellar$395,661

Fees 7d$82,406

Stellar$82,406

Fees 24h$11,325

Stellar$11,325

Cumulative Fees$4.31m

Stellar$4.31m

Revenue (30d Run Rate)$0
Revenue 30d$0

Stellar$0

Revenue 7d$0

Stellar$0

Revenue 24h$0

Stellar$0

Cumulative Revenue$0

Stellar$0

Active Loans$48.16m

Protocol Information

Blend is a modular liquidity protocol, allowing anyone to create flexible lending markets.

CategoryLending
WebsiteGitHub

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Blend Pools - Total borrow interest accrued across Blend v1 pools.View code on GitHubBlend Backstop V2 - Interest paid by Blend v2 borrowers that goes to backstop depositors.View code on GitHubBlend Pools V2 - Interest paid by Blend v2 borrowers that goes to lenders.View code on GitHub

Revenue:

Blend Pools - Blend v1 does not retain protocol revenue from pool borrow interest.View code on GitHubBlend Backstop V2 - The Blend protocol does not keep treasury revenue from backstop interest.View code on GitHubBlend Pools V2 - Blend v2 does not retain protocol revenue from pool borrow interest.View code on GitHub

Yields

Pools Tracked5

Average APY3.96%

Hacks

Date: Feb 22, 2026

Protocol: Blend Pools V2

Amount: $10.97m

Classification: Protocol Logic

Technique: Price Oracle Manipulation

Chains: Stellar

Target Type: DeFi Protocol