Logo of BendDAO Lending V1BendDAO Lending V1(BEND)

Total Value Locked$545,070

TVL by Chain

Ethereum$545,070

Key Metrics

Fees 30d$35,056
Fees 30d by chain

Ethereum$35,056

Fees 7d$8,322

Ethereum$8,322

Fees 24h$1,126

Ethereum$1,126

Cumulative Fees$1.66m

Ethereum$1.66m

Revenue 30d$17,491
Revenue 30d by chain

Ethereum$17,491

Revenue 7d$4,145

Ethereum$4,145

Revenue 24h$559

Ethereum$559

Cumulative Revenue$704,584

Ethereum$704,584

Holders Revenue 30d$17,491
Holders Revenue 30d by chain

Ethereum$17,491

Holders Revenue 7d$4,145

Ethereum$4,145

Holders Revenue 24h$559

Ethereum$559

Cumulative Holders Revenue$704,584

Ethereum$704,584

Staked$0

Active Loans$3.74m

Protocol Information

BendDAO is a decentralized peer-to-pool based NFT liquidity protocol.

WebsiteX/Twitter
Category:NFT Lending

Audits:

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Interest paid by borrowers on NFT-collateralized loans + redemption fines (max(5% debt, 0.2 ETH)) paid to auction bidders.View code on GitHubRevenue: Protocol's share of borrow interest, 100% claimable by veBEND holders proportionally, distributed weekly as BWETH.View code on GitHubHolders Revenue: Protocol's share of borrow interest, 100% distributed to veBEND holders proportionally.View code on GitHub

Competitors

Blur Lending ($7.48m)Gondi V3 ($2.71m)JPEG'd ($570,814)Arcade.xyz ($214,165)Revest Finance ($109,418)Pine Protocol ($22,901)Llamalend ($22,160)OpenSky Finance ($21,090)MMO Finance ($18,054)NFTfi ($15,431)

Frequently Asked Questions

What is BendDAO Lending V1's TVL?

BendDAO Lending V1 currently has $545,070 in total value locked. TVL has decreased 6.2% over the past 30 days.

What chains does BendDAO Lending V1 operate on?

BendDAO Lending V1 operates on Ethereum. Ethereum holds the largest share at 100%.

How much has BendDAO Lending V1 generated in fees and revenue?

Over the past 30 days, BendDAO Lending V1 generated $35,056 in fees. Of that, $17,491 was protocol revenue. Based on the trailing year, the annualized rate is $1.18m in fees and $536,025 in revenue.

How does BendDAO Lending V1's TVL compare to similar protocols?

Among NFT Lending protocols tracked by DefiLlama, BendDAO Lending V1 ranks #4 by TVL. The category holds $11.97m across 31 protocols, and BendDAO Lending V1 accounts for 4.6% of that total. Other leading protocols include Blur Lending, Gondi V3, JPEG'd, Arcade.xyz, Revest Finance, Pine Protocol, Llamalend, OpenSky Finance, MMO Finance, and NFTfi.

How much has been borrowed through BendDAO Lending V1?

BendDAO Lending V1 currently has $3.74m in active loans.