Key Metrics
Fees (Annualized)$49,356
Fees 30d$1,270
Linea$1,270
Fees 7d$218
Linea$218
Fees 24h$45
Linea$45
Cumulative Fees$574,079
Linea$574,079
Revenue (Annualized)$7,438.32
Revenue 30d$223.32
Linea$223.32
Revenue 7d$36.93
Linea$36.93
Revenue 24h$7.87
Linea$7.87
Cumulative Revenue$82,475.19
Linea$82,475.19
Holders Revenue (Annualized)$7,438.32
Holders Revenue 30d$223.32
Linea$223.32
Holders Revenue 7d$36.93
Linea$36.93
Holders Revenue 24h$7.87
Linea$7.87
Cumulative Holders Revenue$82,475.19
Linea$82,475.19
Collateral Liquidated 30d$127.17
Collateral Liquidated 30d by chain
Linea$127.17
Collateral Liquidated 7d$50.38
Linea$50.38
Collateral Liquidated 24h$13
Linea$13
Cumulative Collateral Liquidated$179.17
Linea$179.17
Staked$0
Active Loans$255,220.96
$MENDI Liquidity$160,794
Lynex V2$160,794
Protocol Information
Mendi Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It is a permissionless, open source protocol serving users on Linea. Users can deposit their assets, use them as collateral and borrow against them.
Category:Lending
Methodology
TVL: Same as Compound Finance, we just count all the tokens supplied (not borrowed money) on the lending marketsView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol and holders share of interestView code on GitHubHolders Revenue: Share of interest into protocol governance token holders.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidateBorrow events, converted from cToken units to underlying via exchangeRateStored.View code on GitHubCompetitors
Frequently Asked Questions
What is Mendi Finance?
Mendi Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It is a permissionless, open source protocol serving users on Linea. Users can deposit their assets, use them as collateral and borrow against them.
What is Mendi Finance's TVL?
Mendi Finance currently has $1.11m in total value locked. TVL has decreased 0.9% over the past 30 days.
What chains does Mendi Finance operate on?
Mendi Finance operates on Linea. Linea holds the largest share at 100%.
How much has Mendi Finance generated in fees and revenue?
Over the past 30 days, Mendi Finance generated $1,270 in fees. Of that, $223.32 was protocol revenue. Based on the trailing year, the annualized rate is $49,356 in fees and $7,438.32 in revenue.
How does Mendi Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Mendi Finance ranks #110 by TVL. The category holds $41.243b across 467 protocols, and Mendi Finance accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Mendi Finance?
Mendi Finance currently has $255,220.96 in active loans.
