Ask about Pine Protocol
Logo of Pine ProtocolPine Protocol(PINE)
Total Value Locked$18,808

TVL by Chain

Ethereum$18,688

Polygon$119.66

Key Metrics

Active Loans$243,698

Total Raised$4.5m

May 19, 2022$1.5mRound: Seed

Dec 16, 2022$3mRound: PrivateInvestors: Amber Group, Sparkle Ventures, Shima Capital, The Lao, MapleBlock Capital, The Spartan Group

Protocol Information

Non-custodial decentralized asset-backed lending protocol that allows borrowers to borrow fungible digital tokens from lenders using non-fungible tokens as collateral.

CategoryNFT Lending
WebsiteTwitter

Methodology

TVL: value of NFTs locked in pools as taken as tvl, tokens borrowed against it is counted towards borrowedView code on GitHub

Competitors

Revest Finance ($103,201)Blur Lending ($1.38m)Gondi V3 ($528,692)Bitty ($513,551)JPEG'd ($499,099)Arcade.xyz ($334,870)X2Y2 ($118,188)BendDAO Lending ($75,006)Pawnfi Lending ($51,087)Llamalend ($20,700)