Ask about Pine Protocol
Logo of Pine ProtocolPine Protocol(PINE)
Total Value Locked$13,408

TVL by Chain

Ethereum$13,316

Polygon$91.66

Key Metrics

Active Loans$173,731

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 ($72,277)Blur Lending ($967,085)Gondi V3 ($747,947)JPEG'd ($354,383)Arcade.xyz ($142,472)BendDAO Lending V1 ($90,455)Pawnfi Lending ($36,445)OpenSky Finance ($15,758)Llamalend ($14,716)MMO Finance ($10,290)