Solend (SLND)
Total Value Locked$251.26m
| Solana | $251.26m |
|---|
| Include in TVL (optional) | |
|---|---|
| $60.1m |
| Market Cap | $37.2m |
|---|---|
| $0.97 | |
| Fully Diluted Valuation | $97.03m |
| $74,229 | |
| $60.1m | |
| $148,910 | |
| $14.61m | |
| $5.75m | |
| $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
Development Activity
(updated at 19/04/24)
Weekly commits: 36
Monthly commits: 45
Weekly developers: 3
Monthly developers: 5
Last commit: 4 hours ago (2024-04-19)
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