BendDAO Logo

BendDAO BEND

BendDAO header image

1. Summary

Ranks

Liquidity
71
Developer
28
Social
74
Momentum (beta)
28
Stack Rankā„¢
-
Price
$0.000690060000 +4.0%
Market Cap
$1.43M (#3254)
Supply
2.07B / 10.00B
Price
52W High price $0.01
52W High date 3rd Jan 2024 (10 months ago)
All Time High (ATH) Date 25th Apr 2022 (2 years ago)
ATH Price $0.13
% From ATH -99.69%
All Time Low (ATL) Date 26th Oct 2024 (3 weeks ago)
ATL Price $0.000393270000
% From ATL 1.61%
Supply & Trading Volume
Trading Volume (24h) $79,814.00
Total Supply 10.00B
Max Supply 10.00B
Circulating Supply 2.07B
Description

BendDAO is a decentralized, peer-to-peer NFT liquidity and lending protocol that offers reactive interest rates for NFT financialization. The protocol allows users to deposit high-valued NFTs as collateral to receive up to 40% of the asset's floor price as a loan in ETH. Users who deposit and lend out ETH earn interest on those deposits through an...

BendDAO is a decentralized, peer-to-peer NFT liquidity and lending protocol that offers reactive interest rates for NFT financialization. The protocol allows users to deposit high-valued NFTs as collateral to receive up to 40% of the asset's floor price as a loan in ETH. Users who deposit and lend out ETH earn interest on those deposits through an interest-bearing token, bendETH, which is pegged to the value of the corresponding deposited asset at a 1:1 ratio.

The protocol charges various fees, including a trading fee on each NFT's sales price, a royalty fee paid to collection creators, and a flash loan fee paid to Aave. Additionally, BEND stakers (veBEND) receive an admin fee proportional to their veBEND balance relative to the total veBEND supply, which represents 30% of the total interest income collected on all NFT loans.

BendDAO supports instant NFT-backed loans, Collateral Listing, and NFT Down Payment. It offers various features for users, including a 24-hour liquidation protection period for borrowers and the ability for borrowers to list their mortgaged NFT for sale.

2. Price

BEND

2.1. Market Performance

How does BendDAO's (BEND) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-11.2%

BEND

-13.4%

Similar Market Cap

60 Day Return

-32.9%

BEND

-27.6%

Similar Market Cap

1 Year Return

-84.4%

BEND

-33.9%

Similar Market Cap

3. Developer Activity

We're monitoring 23 BendDAO GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All BendDAO Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 1 commits vs. an average of 8
  • Past year: 18 commits vs. an average of 113

Most Active Repos

Past week 8
Past 12 weeks 8
Past year 8
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 60 developers have contributed to BendDAO over the past year. Who are the most active BendDAO developers, by commits, over the past year?

Related Projects

Developers working on BendDAO also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 2,592
Twitter followers 53,119
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://rinkeby.benddao.xyz/
Explorer https://etherscan.io/token/0x0d02755a5700414b26ff0...
Twitter @BendDAO

What is the correct contract address for BendDAO?

Ethereum 0x0d02755a5700414b26ff040e1de35d337df56218

Has BendDAO been audited for security?

No security audits found for this project.

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