Ask about Colend Protocol
Logo of Colend ProtocolColend Protocol
Total Value Locked$1.33m

TVL by Chain

CORE$1.33m

Key Metrics

Fees (Annualized)$4.07m
Fees 30d$64,403

CORE$64,403

Fees 7d$3,608

CORE$3,608

Fees 24h$5

CORE$5

Cumulative Fees$6.21m

CORE$6.21m

Revenue (Annualized)$872,601
Revenue 30d$14,510

CORE$14,510

Revenue 7d$2,665

CORE$2,665

Revenue 24h$2

CORE$2

Cumulative Revenue$1.18m

CORE$1.18m

Active Loans$894,714

Protocol Information

Colend is a decentralized protocol that enables individuals to lend and borrow directly on the Core blockchain. It aims to advance the concept of Bitcoin-Fi.

CategoryLending
WebsiteGitHubTwitter

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 borrowersView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHub

Yields

Pools Tracked5

Average APY0.7%

Competitors

Avalon Finance ($1.2m)Sumer.money ($1.06m)Segment Finance ($326,648)Aquarius Loan ($19,096)Dorian ($64.72)Bitlen Finance ($2.5)