Information
TVL
Yields
Forks
BendDAO Lending (BEND)
Total Value Locked$533,917
| Ethereum | $533,917 |
|---|
| Include in TVL (optional) | |
|---|---|
| $5.04m | |
| $212,737 | |
| $37,012 |
| Staked | $212,736 |
|---|---|
| $5.04m |
Protocol Information
BendDAO is a decentralized peer-to-pool based NFT liquidity protocol.
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.