Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$87,407
Polygon	$513.47

Include in TVL (optional)
Borrowed	$445,639

	$445,639
	$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 ($42.28m)BendDAO Lending ($19.86m)JPEG'd ($11.68m)Gondi V2 ($11.63m)Arcade.xyz ($9.21m)MetaStreet V2 ($5.28m)NFTfi ($2.43m)X2Y2 ($1.84m)Banx ($830,865)Sharky ($595,627)