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ProtocolsSolend

INCLUDE IN STATS:
Information
TVL
Yields
Fees and Revenue

Solend (SLND)

Total Value Locked
$259m
Chain Breakdown
Solana$259m
Include in TVL (optional)
$61.4m
Market Cap
$35.54m
$0.93
Fully Diluted Valuation
$92.72m
$85,321
$61.4m
$148,910
$14.27m
$5.6m
$32.5m

Protocol Information

Solend is an algorithmic, decentralized protocol for lending and borrowing on Solana. Lending and borrowing has proven itself as being key in a DeFi ecosystem. However, current products are slow and expensive. On Solana, Solend can scale to being 100x faster and 100x cheaper. Solend aims to be the easiest to use and most secure solution on Solana.

Category:Lending

Audits
:

Development Activity

(updated at 19/04/24)

Weekly commits: 36
Monthly commits: 45
Weekly developers: 3
Monthly developers: 5

Last commit: 2 days ago (2024-04-19)

Token Information

Address:SLNDpmoW...xHGtPw

Methodology

TVL: TVL consists of deposits made to the protocol and like other lending protocols, borrowed tokens are not counted. Coingecko is used to price tokens.

Fees: Interest and fees paid by borrowers and the liquidated

Revenue: Percentage of interest going to treasury

Hacks

Date:11/2/2022

Amount:$1.26m

Classification:Ecosystem

Technique:Price Oracle Attack

Chain:Solana

Returned Funds:$900,000

Source