Ask about Fungify
Logo of FungifyFungify(FUNG)
Total Value Locked$110,791

TVL by Chain

Ethereum$110,791

Key Metrics

Active Loans$317,295

Total Raised$6m

Feb 1, 2023$6mRound: Investors: CitizenX, Distributed Global, Infinity Ventures Crypto, Taureon, Anagram, Flow ventures, DCFGod, Joe Eagan, Mark Borsten

Protocol Information

Fungify is composed of two parts: Index and Pools. Pools is a cross-margin lending platform that enables borrowing and lending of any assets, including NFTs, while earning yield. The Index is a marketcap weighted basket of blue-chip NFTs, like the S&P500 of NFTs

CategoryLending

Audits:

Twitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Aave V3 ($12.738b)Morpho Blue ($7.14b)SparkLend ($3.492b)Maple ($2.21b)Compound V3 ($1.111b)Venus Core Pool ($1.081b)Lista Lending ($654.16m)Fluid Lending ($596.98m)Euler V2 ($272.85m)cap ($258.52m)