Ask about Tender Finance
Logo of Tender FinanceTender Finance(TND)
Total Value Locked$235,687.33

TVL by Chain

Arbitrum$235,687.33

Key Metrics

Active Loans$493,815.03

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 GitHub

Yields

Pools Tracked4

Average Supply APY22.56%

User Activity

Active Addresses (24h)0

New Addresses (24h)0

Transactions (24h)0

Gas Used (24h)0 ETH

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Technique: Outdated Oracle Exploit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 $235,687.33 in total value locked. TVL has increased 3.5% 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 #171 by TVL. The category holds $40.045b across 466 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 $493,815.03 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.