Key Metrics
Fees 30d$1,576
Fees 30d by chain
Linea$1,576
Fees 7d$401
Linea$401
Fees 24h$16
Linea$16
Cumulative Fees$575,530.19
Linea$575,530.19
Revenue 30d$286.31
Revenue 30d by chain
Linea$286.31
Revenue 7d$72.8
Linea$72.8
Revenue 24h$2.37
Linea$2.37
Cumulative Revenue$82,739.86
Linea$82,739.86
Holders Revenue 30d$286.31
Holders Revenue 30d by chain
Linea$286.31
Holders Revenue 7d$72.8
Linea$72.8
Holders Revenue 24h$2.37
Linea$2.37
Cumulative Holders Revenue$82,739.86
Linea$82,739.86
Collateral Liquidated 30d$834.76
Collateral Liquidated 30d by chain
Linea$834.76
Collateral Liquidated 7d$104.73
Linea$104.73
Collateral Liquidated 24h$19
Linea$19
Cumulative Collateral Liquidated$1,007.59
Linea$1,007.59
Staked$0
Active Loans$270,593.11
Protocol Information
Mendi Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It is a permissionless, open source protocol serving users on Linea. Users can deposit their assets, use them as collateral and borrow against them.
Methodology
TVL: Same as Compound Finance, we just count all the tokens supplied (not borrowed money) on the lending marketsView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol and holders share of interestView code on GitHubHolders Revenue: Share of interest into protocol governance token holders.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidateBorrow events, converted from cToken units to underlying via exchangeRateStored.View code on GitHubCompetitors
Frequently Asked Questions
What is Mendi Finance's TVL?
Mendi Finance currently has $1.19m in total value locked. TVL has increased 7.3% over the past 30 days.
What chains does Mendi Finance operate on?
Mendi Finance operates on Linea. Linea holds the largest share at 100%.
How much has Mendi Finance generated in fees and revenue?
Over the past 30 days, Mendi Finance generated $1,576 in fees. Of that, $286.31 was protocol revenue. Based on the trailing year, the annualized rate is $39,224.19 in fees and $6,001.49 in revenue.
How does Mendi Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Mendi Finance ranks #126 by TVL. The category holds $50.75b across 523 protocols, and Mendi Finance accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Compound V3, Euler V2, LayerBank, ZeroLend Lending, Tarot, Impermax V2, Sturdy V2, and Aloe.
How much has been borrowed through Mendi Finance?
Mendi Finance currently has $270,593.11 in active loans.