Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$28,839
Polygon	$240.06

Include in TVL (optional)
Borrowed	$193,923

	$193,923
	$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 ($24.06m)Gondi V3 ($18.44m)BendDAO Lending ($5.64m)Gondi V2 ($2.48m)Arcade.xyz ($2.24m)Banx ($754,495)JPEG'd ($706,970)NFTfi ($632,363)Sharky ($431,382)X2Y2 ($407,098)