Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$132,822
Polygon	$740.73

Include in TVL (optional)
Borrowed	$520,413

	$520,413
	$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 ($64.6m)BendDAO Lending ($25.63m)JPEG'd ($16.07m)Gondi V2 ($15.85m)Arcade.xyz ($13.67m)MetaStreet V2 ($6.73m)NFTfi ($2.43m)X2Y2 ($2.4m)Sharky ($853,786)Gondi V1 ($575,193)