Spine Finance

Total Value Locked$42,286.95

TVL by Chain

Robinhood Chain$42,286.95

Key Metrics

Active Loans$3,251.85

TVLActive Loans

USDETH

Protocol Information

Spine Finance is a Fixed-Rate Origination Infrastructure, created for the institutional-grade management of digital assets. Built on Ethereum and the EVM ecosystem, Spine introduces a hybrid liquidity architecture that bridges the gap between vault-based lending and orderbook-style term structures.

X/Twitter

Category:Lending

Audits:

Methodology

TVL: TVL is the idle USDG in the Spine vault, the vault's deposits in its ERC-4626 sub-vaults (currently Steakhouse USDG on Morpho), and the collateral posted in the borrow controller. Outstanding USDG loans are reported as borrowed.

Competitors

Morpho Blue ($10.935b)TermMax ($27.08m)Native Credit Pool ($21.9m)Longbow ($3.97m)LayerBank ($2.46m)Flock Credit ($217,716.11)Ripe Protocol ($165,642.22)Gage ($50,563.27)Zona ($33,272.9)Oter Finance ($196.08)

Frequently Asked Questions

What is Spine Finance's TVL?

Spine Finance currently has $42,286.95 in total value locked.

What chains does Spine Finance operate on?

Spine Finance operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.

How does Spine Finance's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Spine Finance ranks #265 by TVL. The category holds $54.63b across 519 protocols, and Spine Finance accounts for <0.1% of that total. Other leading protocols include Morpho Blue, TermMax, Native Credit Pool, Longbow, LayerBank, Flock Credit, Ripe Protocol, Gage, Zona, and Oter Finance.

How much has been borrowed through Spine Finance?

Spine Finance currently has $3,251.85 in active loans.