Blend

BLND Price

What is Blend about?

Blend is a DeFi protocol that allows any entity to create or utilize an immutable lending market tailored to its specific needs. It operates on the Stellar blockchain, leveraging their Soroban Smart Contract engine for its operations.

What makes Blend unique?

Blend stands out for its flexibility and reduced reliance on governance, making it significantly more adaptable compared to similar protocols like Morpho. It offers a range of lending pools designed to meet diverse financial requirements.

What's the history of Blend?

Blend was developed to address the need for customizable and immutable lending solutions within the DeFi space. By utilizing Stellar's advanced blockchain technology, it provides a robust framework for creating and managing lending markets.

What's next for Blend?

As Blend continues to evolve, it aims to expand its offerings and enhance its capabilities, ensuring it remains at the forefront of DeFi innovation and meets the growing demands of the financial ecosystem.

What can Blend be used for?

Blend can be used to create or participate in various lending pools, including a fixed USDC:XLM pool for lending and borrowing with cross-asset collateralization, a DAO-managed pool supporting multiple assets like USDC, EURC, XLM, and AQUA with cross-collateralization, and a fixed-forex pool enabling a Collateralized Debt Position (CDP) protocol on Stellar.

Where can you buy Blend?

BLND tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Blend is Aquarius, where the most active trading pair AQUA/BLND has a trading volume of $2,199.67 in the last 24 hours.

What is the daily trading volume of Blend (BLND)?

The trading volume of Blend (BLND) is $2,888.99 in the last 24 hours, representing a 76.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Blend (BLND)?

Blend (BLND) reached an all-time high of $0.1246 and an all-time low of $0.0004147. It’s now trading -95.30% below that peak and 1,316.00% above its lowest price.

What is the market cap of Blend (BLND)?

Market capitalization of Blend (BLND) is $394,350 and is ranked #4069 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BLND tokens (67 Million tokens are tradable on the market today).

What is the fully diluted valuation of Blend (BLND)?

The fully diluted valuation (FDV) of Blend (BLND) is $394,350. This is a statistical representation of the maximum market cap, assuming total number of 67 Million ETH tokens are in circulation today.

How does the price performance of Blend compare against its peers?

With a price increase of 24.00% in the last 7 days, Blend (BLND) is outperforming the global cryptocurrency market which is up 8.40%, while outperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 11.50%.