Key Metrics
Fees 30d$344,987
Fees 30d by chain
Stellar$344,987
Fees 7d$77,954
Stellar$77,954
Fees 24h$10,729
Stellar$10,729
Cumulative Fees$4.45m
Stellar$4.45m
Revenue 30d$0
Revenue 30d by chain
Stellar$0
Revenue 7d$0
Stellar$0
Revenue 24h$0
Stellar$0
Cumulative Revenue$0
Stellar$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Stellar$0
Holders Revenue 7d$0
Stellar$0
Holders Revenue 24h$0
Stellar$0
Cumulative Holders Revenue$0
Stellar$0
Active Loans$44.09m
Protocol Information
Lending markets created with Blend.
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.. TVL is the on-chain token balances held by every pool deployed by the Blend V2 pool factory; borrowed is each reserve's outstanding debt (d_supply * d_rate).View code on GitHubFees: Interest paid by Blend v2 borrowers that goes to lenders.View code on GitHubRevenue: Blend v2 does not retain protocol revenue from pool borrow interest.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked5
Average Supply APY1.83%
Hacks
Date: Feb 22, 2026
Amount: $10.97m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Stellar
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Blend Pools V2's TVL?
Blend Pools V2 currently has $148.9m in total value locked. TVL has increased 6.1% over the past 30 days.
What chains does Blend Pools V2 operate on?
Blend Pools V2 operates on Stellar. Stellar holds the largest share at 100%.
How much has Blend Pools V2 generated in fees and revenue?
Over the past 30 days, Blend Pools V2 generated $344,987 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $4.1m in fees.
How does Blend Pools V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Blend Pools V2 ranks #21 by TVL. The category holds $50.836b across 523 protocols, and Blend Pools V2 accounts for 0.3% of that total. Other leading protocols include Templar Protocol, XOXNO Lending, Blend Pools, Peridot, Slender, Aave V3, Morpho Blue, SparkLend, JustLend V1, and Maple.
How much has been borrowed through Blend Pools V2?
Blend Pools V2 currently has $44.09m in active loans.
Has Blend Pools V2 ever been exploited?
Blend Pools V2 has 1 recorded security incident. The most recent incident occurred on Feb 22, 2026 and involved $10.97m. It was classified as Oracle Manipulation.

