Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$52,966
Polygon	$485.63

Include in TVL (optional)
Borrowed	$339,114

	$339,114
	$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 ($47.03m)Gondi V3 ($29.42m)BendDAO Lending ($8.16m)Arcade.xyz ($7.4m)Gondi V2 ($6.39m)JPEG'd ($1.74m)X2Y2 ($1.18m)NFTfi ($1.17m)Sharky ($658,873)Banx ($597,362)