Ask about Pine Protocol
Logo of Pine ProtocolPine Protocol(PINE)
Total Value Locked$12,857

TVL by Chain

Ethereum$12,766

Polygon$90.97

Key Metrics

Active Loans$166,360

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 ($70,637)Blur Lending ($852,973)Gondi V3 ($731,117)JPEG'd ($339,344)Arcade.xyz ($138,286)BendDAO Lending V1 ($91,347)Pawnfi Lending ($34,967)OpenSky Finance ($15,296)Llamalend ($14,082)Bitty ($13,737)