Ask about Tender FinanceTotal Value Locked$235,530.06
TVL by Chain
Arbitrum$235,530.06
Key Metrics
Active Loans$514,290.03
Protocol Information
Tender Finance is an innovative open-source decentralized protocol for borrowing and lending. It will support whole-portfolio collateralization, starting with GMX and GLP, and a novel mechanism for collateralizing long-tail assets.
Category:Lending
Audits:
Methodology
TVL: Same as compound, we just get all the collateral (not borrowed money) on the lending markets.View code on GitHubYields
Pools Tracked4
Average Supply APY22.98%
User Activity
Active Addresses (24h)1
New Addresses (24h)0
Transactions (24h)2
Gas Used (24h)0 ETH
Gas Cost (24h)$0
Hacks
Date: Mar 7, 2023
Amount: $1.6m
Classification: Ecosystem
Technique: Outdated Oracle Exploit
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Returned Funds: $850,000
Competitors
Frequently Asked Questions
What is Tender Finance?
Tender Finance is an innovative open-source decentralized protocol for borrowing and lending. It will support whole-portfolio collateralization, starting with GMX and GLP, and a novel mechanism for collateralizing long-tail assets.
What is Tender Finance's TVL?
Tender Finance currently has $235,530.06 in total value locked. TVL has increased 3.6% over the past 30 days.
What chains does Tender Finance operate on?
Tender Finance operates on Arbitrum. Arbitrum holds the largest share at 100%.
How does Tender Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Tender Finance ranks #168 by TVL. The category holds $41.427b across 467 protocols, and Tender Finance accounts for <0.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through Tender Finance?
Tender Finance currently has $514,290.03 in active loans.
Has Tender Finance ever been exploited?
Tender Finance has 1 recorded security incident. The most recent incident occurred on Mar 7, 2023 and involved $1.6m. It was classified as Ecosystem.