Mendi Finance (MENDI)
Total Value Locked$15.06m
| ||||||
|
| Market Cap | $570,395 |
|---|---|
| $0.019 | |
| Fully Diluted Valuation | $1.92m |
| $8,355 | |
| Staked | $814,973 |
| (142.88% of mcap) | |
| $3.22m | |
| $230,462 | |
| $164,102 | |
| $24,632 | |
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
Development Activity
(updated at 02/12/24)
Weekly commits: 2
Monthly commits: 2
Weekly developers: 1
Monthly developers: 1
Last commit: 6 months ago (2024-12-02)
Methodology
TVL: Same as Compound Finance, we just count all the tokens supplied (not borrowed money) on the lending markets
Fees: Interest paid by borrowers
Revenue: Percentage of interest going to treasury