Ask about Blend
Logo of BlendBlend(BLND)
Total Value Locked$149.71m

TVL by Chain

Stellar$149.71m

Key Metrics

Fees 30d$430,482
Fees 30d by chain

Stellar$430,482

Fees 7d$97,306

Stellar$97,306

Fees 24h$13,411

Stellar$13,411

Cumulative Fees$5.5m

Stellar$5.5m

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$44.1m

Protocol Information

Blend is a modular liquidity protocol, allowing anyone to create flexible lending markets.

WebsiteGitHub
Categories:LendingInsurance
Products:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Blend Pools - Total borrow interest accrued across Blend v1 pools.View code on GitHubBlend Backstop V2 - Interest paid by Blend v2 borrowers that goes to backstop depositors.View code on GitHubBlend Pools V2 - Interest paid by Blend v2 borrowers that goes to lenders.View code on GitHub

Revenue:

Blend Pools - Blend v1 does not retain protocol revenue from pool borrow interest.View code on GitHubBlend Backstop V2 - The Blend protocol does not keep treasury revenue from backstop interest.View code on GitHubBlend Pools V2 - Blend v2 does not retain protocol revenue from pool borrow interest.View code on GitHub
Holders Revenue: View code on GitHub

Yields

Pools Tracked5

Average Supply APY1.86%

Hacks

Date: Feb 22, 2026

Protocol: Blend Pools V2

Amount: $10.97m

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

Chains: Stellar

Target Type: DeFi Protocol

Frequently Asked Questions

What is Blend's TVL?

Blend currently has $149.71m in total value locked. TVL has increased 6.6% over the past 30 days.

What chains does Blend operate on?

Blend operates on Stellar. Stellar holds the largest share at 100%.

How much has Blend generated in fees and revenue?

Over the past 30 days, Blend generated $430,482 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $5.08m in fees.

Which protocols are included in Blend?

Blend is a parent protocol whose tracked products include Blend Pools V2, Blend Pools, Blend Backstop, and Blend Backstop V2.

How much has been borrowed through Blend?

Blend currently has $44.1m in active loans.

Has Blend ever been exploited?

Blend has 1 recorded security incident. The most recent incident occurred on Feb 22, 2026 and involved $10.97m. It was classified as Oracle Manipulation.