Ask about JPEG'd
Logo of JPEG'dJPEG'd(JPGD)
Total Value Locked$439,073.54

TVL by Chain

Ethereum$439,073.54

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Staked$0

Treasury$34,339.71

$19,081.06

Stablecoins$15,258.51

Own Tokens$0

Others$0.14

Total Raised$72m

Feb 23, 2022$72mRound: ICO

Protocol Information

JPEG'd is a decentralized lending protocol on the Ethereum blockchain that enables NFT holders to open collateralized debt positions (CDPs) using their NFTs as collateral. Users mint pETH or pUSD, native tokens of the protocol that are pegged to ETH and USD respectively via Curve pools, enabling users to effectively obtain leverage on their NFTs.

Category:NFT Lending

Audits:

GitHubTwitter

Methodology

TVL: Counts the floor value of all NFTs supplied in the protocol vaultsView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Treasury: Value of tokens owned by the protocol

Competitors

Blur Lending ($6.23m)Gondi V3 ($2.3m)BendDAO Lending V1 ($513,453)Arcade.xyz ($163,660.41)Revest Finance ($80,682.41)X2Y2 ($35,132.22)Pine Protocol ($18,015.13)OpenSky Finance ($17,185.72)Llamalend ($16,627.86)NFTfi ($12,171.77)

Frequently Asked Questions

What is JPEG'd?

JPEG'd is a decentralized lending protocol on the Ethereum blockchain that enables NFT holders to open collateralized debt positions (CDPs) using their NFTs as collateral. Users mint pETH or pUSD, native tokens of the protocol that are pegged to ETH and USD respectively via Curve pools, enabling users to effectively obtain leverage on their NFTs.

What is JPEG'd's TVL?

JPEG'd currently has $439,073.54 in total value locked. TVL has increased 15.9% over the past 30 days.

What chains does JPEG'd operate on?

JPEG'd operates on Ethereum. Ethereum holds the largest share at 100%.

How does JPEG'd's TVL compare to similar protocols?

Among NFT Lending protocols tracked by DefiLlama, JPEG'd ranks #4 by TVL. The category holds $10.04m across 29 protocols, and JPEG'd accounts for 4.4% of that total. Other leading protocols include Blur, Gondi, and BendDAO.

Does JPEG'd have a treasury?

JPEG'd has a tracked treasury currently valued at $34,339.71. Its holdings include $15,258.51 in stablecoins, $19,081.06 in major assets, $0.14 in other assets.