Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$27,181
Polygon	$215.6

Include in TVL (optional)
Borrowed	$188,340

	$188,340
	$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 ($22.43m)Gondi V3 ($18.25m)BendDAO Lending ($5.56m)Gondi V2 ($2.4m)Arcade.xyz ($2.14m)JPEG'd ($676,456)Banx ($613,358)NFTfi ($607,008)X2Y2 ($351,868)Sharky ($345,067)