Blend Pools V2(BLND)
Total Value Locked$148.01m
TVL by Chain
Stellar$148.01m
Key Metrics
Fees 30d$321,947
Fees 30d by chain
Stellar$321,947
Fees 7d$67,098
Stellar$67,098
Fees 24h$9,650
Stellar$9,650
Cumulative Fees$4.73m
Stellar$4.73m
Revenue 30d$0
Revenue 30d by chain
Stellar$0
Revenue 7d$0
Stellar$0
Revenue 24h$0
Stellar$0
Cumulative Revenue$0
Stellar$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Stellar$0
Holders Revenue 7d$0
Stellar$0
Holders Revenue 24h$0
Stellar$0
Cumulative Holders Revenue$0
Stellar$0
Active Loans$43.8m
Protocol Information
Lending markets created with Blend.
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.. TVL is the on-chain token balances held by every pool deployed by the Blend V2 pool factory; borrowed is each reserve's outstanding debt (d_supply * d_rate).View code on GitHubFees: Interest paid by Blend v2 borrowers that goes to lenders.View code on GitHubRevenue: Blend v2 does not retain protocol revenue from pool borrow interest.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked5
Average Supply APY2.94%
Hacks
Date: Feb 22, 2026
Amount: $10.97m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Stellar
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Blend Pools V2's TVL?
Blend Pools V2 currently has $148.01m in total value locked. TVL has decreased 4% over the past 30 days.
What chains does Blend Pools V2 operate on?
Blend Pools V2 operates on Stellar. Stellar holds the largest share at 100%.
How much has Blend Pools V2 generated in fees and revenue?
Over the past 30 days, Blend Pools V2 generated $321,947 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $4.23m in fees.
How does Blend Pools V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Blend Pools V2 ranks #24 by TVL. The category holds $52.781b across 519 protocols, and Blend Pools V2 accounts for 0.3% of that total. Other leading protocols include Templar Protocol, XOXNO Lending, Blend Pools, Peridot, Slender, Alula, Aave V3, Morpho Blue, SparkLend, and JustLend V1.
How much has been borrowed through Blend Pools V2?
Blend Pools V2 currently has $43.8m in active loans.
Has Blend Pools V2 ever been exploited?
Blend Pools V2 has 1 recorded security incident. The most recent incident occurred on Feb 22, 2026 and involved $10.97m. It was classified as Oracle Manipulation.