Bend Token


BEND is the governance and revenue-share token of the BendDAO protocol, a decentralized NFT liquidity protocol.

Risk Rating
What we like
BEND accrues value from its fixed supply and revenue share from NFT lending. It is also used as the governance token for holders to vote on community proposals.
What we like less
Users must lock their tokens for up to four years in order to receive the maximum reward boost and voting benefits. Unlocking events can be highly volatile as users may choose to sell instead of relocking.
What it means for you
Locking BEND enables you to earn 100% of protocol income generated from interest income collected on NFT loans.

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  • Ethereum
Key Metrics
  • Market Cap: $1.4M
  • Fully Diluted Valluation: $7.1M
  • FDV / MC: 5.2
  • Ranking inside Exponential (excluding stables): #108
  • Circulating Supply: 1,941,026,473
  • Total Supply: 10,000,000,000
  • Total Supply: 10,000,000,000
  • Volume (24H): $306.9K
  • ATH: $0.13 (04/25/2022)
  • ATL: $0.00 (07/12/2024)
Risk Assessment
Asset Strength

BEND is a low-cap asset that represents the blockchain`s native currency or monetary fee used to execute transactions on the network. This asset is exposed to the underlying risks of BendDAO, a protocol rated as Watch out.

Asset Tokenomics

BEND has a fixed supply.

Asset Volatility

BEND is highly correlated to the overall market.



Things to know about BEND

What is BEND used for?

BEND is the governance and revenue-sharing token for the BendDAO platform. BEND holders can stake BEND to receive veBEND to participate in governance as well as a share of the protocol income. veBEND holders can vote on which NFTs are supported as collateral for borrowing ETH.

BEND tokenomics

BEND launched through an initial fair-launch offering with an initial total supply of 10B tokens. The token distribution schedule is as follows: 21% to the developer team (1-year locked and then linearly released over 3 years), 10% to the initial fair-launch offering, 21% reserve for the treasury, 5% reserved for airdrop, 3% to incentivize Uniswap liquidity, and 4% to incentivize lend/borrow activity (linearly released over 5 years, lend/borrow ratio is 1:3).

How does BEND accrue value?

BEND collects 30% of all interest income collected on NFT loans and distributes 100% of the income to BEND stakers (veBEND). All fees are distributed to veBEND holders each week, proportional to their veBEND balance relative to the total supply. veBEND holders can also participate in BendDAO governance.

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