InformationTVLBorrowed

Pine Protocol (PINE)

Total Value Locked$353,206

TVL by Chain

borrowed$327,844

Ethereum$25,215

Polygon$147.64

Key Metrics

Market Cap$310,788

$PINE Price$0.0016

All Time High$0.74

All Time Low$0.0012

Fully Diluted Valuation$311,929

$PINE Volume 24h$10,947

CEX Volume$8,547

DEX Volume$1,662(15.18% of total)

Borrowed$327,844

Total Raised$4.5m

May 19, 2022$1.5mRound: SeedSource: https://twitter.com/PineLoans/status/1526902844942856193

Dec 16, 2022$3mRound: PrivateInvestors: Amber Group, Sparkle Ventures, Shima Capital, The Lao, MapleBlock Capital, The Spartan GroupSource: https://twitter.com/PineProtocol/status/1603668507442708481

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

WebsiteTwitter

Methodology

TVL: value of NFTs locked in pools as taken as tvl, tokens borrowed against it is counted towards borrowedView code on GitHub

Competitors

Revest Finance ($157,030)Blur Lending ($3.16m)Gondi V3 ($2.01m)Bitty ($782,297)JPEG'd ($670,251)Arcade.xyz ($302,306)X2Y2 ($210,531)BendDAO Lending ($151,449)Pawnfi Lending ($68,719)Llamalend ($27,807)