Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$27,628
Polygon	$222.64

Include in TVL (optional)
Borrowed	$189,841

	$189,841
	$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 ($22.99m)Gondi V3 ($18.47m)BendDAO Lending ($5.6m)Gondi V2 ($2.44m)Arcade.xyz ($2.16m)JPEG'd ($683,865)NFTfi ($619,596)Banx ($619,304)Sharky ($360,893)X2Y2 ($351,792)