BendDAOPrice(BEND)
Details BendDAO (BEND) Price information (USD)
The current real-time price of BEND is $0.0{4}4661. In the past 24 hours, BEND has traded between $0.0{4}4622 and $0.0{4}4852, showing strong market activity. The all-time high of BEND is $0.1277, and the all-time low is $0.0{4}4192.
From a short-term perspective, the price change of BEND over the past 1 hour is
BendDAO (BEND) Market Information
BendDAO (BEND) Today's Price
The live price of BEND today is $0.0{4}4661, with a current market cap of $190.497K. The 24-hour trading volume is 8.408084829318401. The price of BEND to USD is updated in real time.
BendDAO (BEND) Price History (USD)
What is BENDDAO (BEND)?
When is the right time to buy BEND? Should I buy or sell BEND now?
Before deciding whether to buy or sell BEND, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s BEND technical analysis can provide you with trading references.
Future price trend of BEND
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for BEND.
How much will BEND be worth tomorrow, next week, or next month in ? What about your BEND assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! BEND Price Prediction
How to buy BENDDAO (BEND)
Convert BEND to local currency
BEND Resources
To learn more about BEND, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xad36...30a1f8  | 2.469B | 24.7% |
ethereum | 0xd7e9...b2e06e | 1.679B | 16.79% |
ethereum | 0x472f...bced7b | 1.468B | 14.68% |
ethereum | 0x0000...000001 | 969.551M | 9.7% |
ethereum | 0x8c57...ce7777 | 817.612M | 8.18% |
Other | 2.595B | 25.95% |
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BENDDAO (BEND) FAQ
What is BendDAO and how does it differentiate itself from other NFT lending platforms?
BendDAO is a decentralized "peer-to-pool" NFT liquidity protocol. It allows NFT owners to use their digital assets as collateral for instant loans. Unlike peer-to-peer (P2P) platforms where users must wait for specific counterparty offers, BendDAO utilizes a liquidity pool to ensure instant access to funds. In its V2 evolution, the protocol has transitioned into a modular system for Web3 data liquidity, supporting a wider range of on-chain assets beyond traditional blue-chip NFTs.
What are the primary utilities and governance benefits of the BEND token?
BEND is the native governance token of BendDAO. Users can lock their BEND to receive veBEND (vote-escrowed BEND), which provides voting rights on supported NFT collections, a share of protocol revenue from loan interest, and boosted rewards for liquidity providers. BEND is also earned by providing liquidity to lending pools or borrowing against NFTs. Furthermore, the protocol rewards liquidators through a "First Bid Bonus" in BEND to ensure system stability.
What is the difference between Cross and Isolated borrowing in BendDAO V2?
BendDAO V2 offers modular lending options: Cross Borrowing and Isolated Borrowing. Cross Borrowing allows users to pool multiple NFT assets as collateral for a single loan, optimizing capital efficiency. Isolated Borrowing keeps specific collateral separate, ensuring that a price drop in one specific NFT collection does not trigger the liquidation of the user's entire portfolio. These features support various assets including USDC, USDT, DAI, WETH, and USDS.
Can I still use my NFT and claim airdrops while it is being used as collateral?
Yes. BendDAO uses "boundNFTs" to maintain user utility. When you deposit an NFT, you receive a non-transferable boundNFT that retains the original metadata, allowing its use as a profile picture. Additionally, the "Flash Claim" feature enables borrowers to claim airdrops and project-specific rewards while their NFT is locked. For ApeCoin ecosystem participants, a specialized staking sub-protocol allows users to earn rewards without losing custody of their assets.
How does the liquidation process and the 24-hour protection period work?
If a loan's "Health Factor" falls below 1 due to floor price volatility, the NFT enters a liquidation auction. To manage market risk, the auction duration is set to 4 hours. However, BendDAO includes a 24-hour Liquidation Protection grace period. This allows borrowers to reclaim their NFT by repaying their debt within 24 hours of the auction's start, though they must pay a penalty fee to the initial bidder to compensate for the liquidation attempt.
How does BendDAO ensure the security of the protocol and its lending pools?
BendDAO utilizes proven decentralized lending logic and has undergone multiple audits by security firms such as Verichains and PeckShield. The protocol manages "utilization risk" by monitoring the ratio of borrowed funds to pool liquidity to ensure lenders can withdraw their assets. Furthermore, by transitioning to a modular V2 architecture, the protocol enhances its resilience and ability to support a diverse range of Web3 data and assets securely.
