Logo of JPEG'dJPEG'd(JPGD)
Total Value Locked$579,907.68

TVL by Chain

Ethereum$579,907.68

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Staked$0

Treasury$40,439.2

$25,179.49

Stablecoins$15,259.71

Own Tokens$0

Others$0.00029

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:

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

Frequently Asked Questions

What is JPEG'd's TVL?

JPEG'd currently has $579,907.68 in total value locked. TVL has increased 45.9% 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 $13.87m across 32 protocols, and JPEG'd accounts for 4.2% of that total. Other leading protocols include Blur Lending, Gondi V3, BendDAO Lending V1, Arcade.xyz, Revest Finance, Pine Protocol, Llamalend, OpenSky Finance, NFTfi, and MMO Finance.

Does JPEG'd have a treasury?

JPEG'd has a tracked treasury currently valued at $40,439.2. Its holdings include $15,259.71 in stablecoins, $25,179.49 in major assets, $0.00029 in other assets.