Blend Finance

Total Value Locked$3,941

Chain Breakdown
BEVM	$3.94k

Include in TVL (optional)
Borrowed	$0

USD ETH

Information

Protocol Information

Lending Protocol on BEVM

Category: Lending

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Token Information

Methodology

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.

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Competitors

AAVE V3 ($16.72b)JustLend ($4.93b)Spark ($3.83b)Kamino Lend ($2.04b)Venus Core Pool ($1.9b)Compound V3 ($1.83b)Morpho Blue ($1.57b)AAVE V2 ($882.04m)Avalon Finance ($835.56m)Compound V2 ($688.49m)