Market cap
$153.69K
-0.04 %
Volume (24h)
$3.7
-0.04 %
Circulating supply
3,245,258,771 BEND
Total supply
10,000,000,000 BEND
Max. supply
10,000,000,000 BEND
BendDao (BEND)
$ 0.00
-0.04 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$153.69K
Volume 24h$3.7
Circulating supply3.25B32% of max 10B
All-time high$0.13-100% from peak · 2022-04-24
BendDao (BEND) is the native token of BendDAO, a lending protocol built on Ethereum that focuses on NFTs. The idea is simple: instead of selling your NFT when you need funds, you can lock it as collateral and borrow ETH against it, while lenders earn interest on the liquidity they supply. BEND serves as the protocol's utility and governance token, and its total supply is hard-capped at 10 billion coins.
Frequently asked questions
What is BendDao, and how is it different from other DeFi lending platforms?
BendDAO is an NFT-focused lending protocol on Ethereum that works on a peer-to-pool basis: borrowers lock up an NFT as collateral and instantly draw ETH from a shared liquidity pool, with no need to find a matching lender. Most DeFi lending platforms only accept fungible assets like stablecoins or ETH, while BendDao specializes in unlocking liquidity from NFT collections. That is the core distinction — it treats NFTs as a usable asset class for borrowing.
How does the technology behind BendDao work?
BendDao runs entirely on Ethereum smart contracts, so it inherits the network's proof-of-stake security while automating everything on-chain. Lenders deposit ETH into a shared pool, and when a borrower locks an NFT, the protocol values it based on the collection's floor price and issues a loan as a percentage of that value. If the loan goes unpaid, the NFT is liquidated so that lenders are made whole — no intermediaries or manual approvals involved.
How is BEND emission structured?
BEND has a fixed maximum supply of 10 billion coins, meaning no additional tokens can ever be minted beyond that hard cap. The supply was largely distributed through liquidity mining and community incentives, rewarding users who lent, borrowed, or provided liquidity to the protocol. The cap exists to keep emission finite rather than endlessly inflationary.
How can you store and use BEND tokens?
BEND is an ERC-20 token, so any Ethereum-compatible wallet works — MetaMask, Trust Wallet, or hardware wallets like Ledger. Within the ecosystem, BEND can be staked to gain governance weight and a share of protocol revenue, and holders use it to vote on protocol decisions. Like any Ethereum token, moving it costs a gas fee paid in ETH.