Ask about Mendi FinanceKey Metrics
Fees (Annualized)$54,933
Fees 30d$1,266
Linea$1,266
Fees 7d$348
Linea$348
Fees 24h$21
Linea$21
Cumulative Fees$573,662
Linea$573,662
Revenue (Annualized)$8,230.34
Revenue 30d$225.34
Linea$225.34
Revenue 7d$61.19
Linea$61.19
Revenue 24h$3.42
Linea$3.42
Cumulative Revenue$82,404.76
Linea$82,404.76
Holders Revenue (Annualized)$8,230.34
Holders Revenue 30d$225.34
Linea$225.34
Holders Revenue 7d$61.19
Linea$61.19
Holders Revenue 24h$3.42
Linea$3.42
Cumulative Holders Revenue$82,404.76
Linea$82,404.76
Collateral Liquidated 30d$90.85
Collateral Liquidated 30d by chain
Linea$90.85
Collateral Liquidated 7d$40.85
Linea$40.85
Collateral Liquidated 24h$4.72
Linea$4.72
Cumulative Collateral Liquidated$95.57
Linea$95.57
Staked$0
Active Loans$255,232.06
$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 $1.1m in total value locked. TVL has decreased 2.6% 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 $1,266 in fees. Of that, $225.34 was protocol revenue. Based on the trailing year, the annualized rate is $54,933 in fees and $8,230.34 in revenue.
How does Mendi Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Mendi Finance ranks #109 by TVL. The category holds $40.1b across 466 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 $255,232.06 in active loans.
