Pine Protocol (PINE)

Total Value Locked

Chain Breakdown
Ethereum	$29,299
Polygon	$291.11

Include in TVL (optional)
Borrowed	$192,126

	$192,126
	$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 ($22.55m)Gondi V3 ($19.31m)BendDAO Lending ($6.02m)Gondi V2 ($2.26m)Arcade.xyz ($2.1m)JPEG'd ($609,782)NFTfi ($468,335)Sharky ($445,797)Banx ($408,087)X2Y2 ($285,280)