Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$24,674
Polygon	$214.22

Include in TVL (optional)
Borrowed	$167,536

	$167,536
	$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 ($19.64m)Gondi V3 ($16.59m)BendDAO Lending ($5.07m)Gondi V2 ($2.15m)Arcade.xyz ($1.85m)Banx ($891,401)JPEG'd ($531,855)NFTfi ($482,074)Sharky ($378,953)X2Y2 ($301,083)