Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$34,474
Polygon	$299.28

Include in TVL (optional)
Borrowed	$267,681

	$267,681
	$4.5m

Protocol Information

Non-custodial decentralized asset-backed lending protocol that allows borrowers to borrow fungible digital tokens from lenders using non-fungible tokens as collateral.

Category:NFT Lending

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Token Information

Address:0x569424...443a51

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Methodology

TVL: value of NFTs locked in pools as taken as tvl, tokens borrowed against it is counted towards borrowed

TVL code

Competitors

Blur Lending ($32.57m)Gondi V3 ($27.42m)BendDAO Lending ($6.81m)Arcade.xyz ($3.31m)Gondi V2 ($3.26m)NFTfi ($779,741)JPEG'd ($710,631)Banx ($596,627)X2Y2 ($424,479)Sharky ($345,882)