Ask about Mendi FinanceKey Metrics
Fees (Annualized)$56,864
Fees 30d$1,312
Linea$1,312
Fees 7d$334
Linea$334
Fees 24h$72
Linea$72
Cumulative Fees$573,632
Linea$573,632
Revenue (Annualized)$8,496.03
Revenue 30d$234.03
Linea$234.03
Revenue 7d$59.03
Linea$59.03
Revenue 24h$13
Linea$13
Cumulative Revenue$82,401.03
Linea$82,401.03
Holders Revenue (Annualized)$8,496.03
Holders Revenue 30d$234.03
Linea$234.03
Holders Revenue 7d$59.03
Linea$59.03
Holders Revenue 24h$13
Linea$13
Cumulative Holders Revenue$82,401.03
Linea$82,401.03
Collateral Liquidated 30d$61.85
Collateral Liquidated 30d by chain
Linea$61.85
Collateral Liquidated 7d$11.85
Linea$11.85
Collateral Liquidated 24h$13
Linea$13
Cumulative Collateral Liquidated$74.85
Linea$74.85
Staked$0
Active Loans$256,644.32
$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 $1.12m in total value locked. TVL has increased 6.9% 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 $1,312 in fees. Of that, $234.03 was protocol revenue. Based on the trailing year, the annualized rate is $56,864 in fees and $8,496.03 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 $40.268b 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 $256,644.32 in active loans.
