Total Deposits
$2.2M
Total Borrowed
$386.4K
Pools
8
Chains
1
Avg APY
2.24%
Age
2.7 years
Audited
No
About Mendi Finance
Mendi Finance is a lending protocol with $2.2M in total value locked across 8 pools on 1 chain. The protocol has been operational for 2.7 years. Mendi Finance has not published audit reports. Pools on Mendi Finance offer an average APY of 2.24%, with yields varying by asset type and chain. Over the last 30 days, the protocol generated $1.7K in fees and $267 in revenue.
How Mendi Finance Compares
Mendi Finance's TVL of $2.2M is below the lending category average of $146.1M. Its average yield of 2.24% is below the category average of 7.39%. There are 557 protocols tracked in the lending category.
Security & Infrastructure
Oracle Provider
Api3
Audited
No
Open Source
—
Hacks
None
Total Hacked
—
Fees & Revenue
Fees (7d)
$405
Fees (30d)
$1.7K
Revenue (7d)
$66
Revenue (30d)
$267
Pools (8)
| Pool | Chain | TVL | APY | Base | Reward | Type |
|---|---|---|---|---|---|---|
| WETH | Linea | $603.8K | 0.32% | 0.27% | 0.05% | |
| WEETH | Linea | $492.6K | 0.24% | 0.17% | 0.07% | |
| EZETH | Linea | $344.3K | 0.12% | 0.05% | 0.07% | |
| USDC | Linea | $182.7K | 0.93% | 0.89% | 0.04% | Stable |
| WRSETH | Linea | $88.8K | 2.29% | 2.08% | 0.21% | |
| USDT | Linea | $55.4K | 2.11% | 2.06% | 0.05% | Stable |
| WBTC | Linea | $53.0K | 3.54% | 3.22% | 0.33% | |
| WSTETH | Linea | $20.0K | 8.37% | 7.83% | 0.54% |
Frequently Asked Questions
What is Mendi Finance?
Mendi Finance is a lending protocol with $2.2M in total value locked. It operates 8 pools across 1 blockchain, including Linea.
How much TVL does Mendi Finance have?
Mendi Finance currently has $2.2M in total value locked across 8 pools on 1 chain.
Is Mendi Finance audited?
Mendi Finance has not published audit reports at this time. Users should exercise caution and do their own research.
Has Mendi Finance been hacked?
No, Mendi Finance has no recorded security incidents in its history.
What is the average APY on Mendi Finance?
The average APY across all Mendi Finance pools is 2.24%. Actual yields vary by pool, asset type, and market conditions.
What chains does Mendi Finance support?
Mendi Finance operates on 1 chain: Linea.
What is a Lending Protocol?
Lending protocols allow users to deposit assets and earn interest, while borrowers can take out loans by providing collateral. Interest rates are typically determined algorithmically based on supply and demand. Key risks include smart contract vulnerabilities, oracle failures, and liquidation cascades during high volatility.