Ask about Mendi FinanceKey Metrics
Fees (Annualized)$59,376
Fees 30d$1,174
Linea$1,174
Fees 7d$435
Linea$435
Fees 24h$33
Linea$33
Cumulative Fees$573,326
Linea$573,326
Revenue (Annualized)$8,835.15
Revenue 30d$208.15
Linea$208.15
Revenue 7d$80.15
Linea$80.15
Revenue 24h$5.71
Linea$5.71
Cumulative Revenue$82,345.86
Linea$82,345.86
Holders Revenue (Annualized)$8,835.15
Holders Revenue 30d$208.15
Linea$208.15
Holders Revenue 7d$80.15
Linea$80.15
Holders Revenue 24h$5.71
Linea$5.71
Cumulative Holders Revenue$82,345.86
Linea$82,345.86
Collateral Liquidated 30d$50
Collateral Liquidated 30d by chain
Linea$50
Collateral Liquidated 7d$0
Linea$0
Collateral Liquidated 24h$0
Linea$0
Cumulative Collateral Liquidated$50
Linea$50
Staked$6,602.96
Active Loans$260,432.89
$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 $1.15m in total value locked. TVL has increased 9.6% 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 $1,174 in fees. Of that, $208.15 was protocol revenue. Based on the trailing year, the annualized rate is $59,376 in fees and $8,835.15 in revenue.
How does Mendi Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Mendi Finance ranks #111 by TVL. The category holds $40.846b across 464 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 $260,432.89 in active loans.
