BendDAO Lending

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

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.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

A further 88.924,3 $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

BendDAO Lending is published as a versioned release inside the Benddao protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

BendDAO Lending ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. May 19, 2022
   Auf DeFiLlama gelistet

BendDAO Lending is a NFT Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Ethereum. The codebase has been independently audited (2 reports on file).

BendDAO Lending is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Roughly 98% of its on-chain value sits on just three networks (Ethereum-borrowed, borrowed, Ethereum), so a fault on any one of them would affect a large slice of users. Price discovery relies on 2 oracle providers (NFTOracle, ReserveOracle), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale.

Verified external resources for BendDAO Lending — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

BendDAO Lending is one of 7 NFT Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Blur Lending, Bitty, Gondi V3, and 3 more. These peer protocols collectively secure 3,4 Mio. $ in deposits, giving you a frame of reference for whether BendDAO Lending's own TVL is at the top, middle, or tail of the category.

Blur Lending

TVL 1,3 Mio. $ · 24h +0.62%

Bitty

TVL 546.538,6 $ · 24h +0.56%

Gondi V3

TVL 526.900,8 $ · 24h +0.73%

JPEG'd

TVL 499.675,7 $ · 24h +0.67%

Arcade.xyz

TVL 334.869,6 $

Sharky

TVL 178.152,2 $ · 24h +6.22%