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JPEG'd (JPGD)

Protocols by TVL · ethereum
Total value locked (TVL)
$553.30K

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Resolution
D W M Q Y
Time series limited to 30 days. Full history is available from the Plus plan.

Information

JPEG'd is a decentralized lending protocol on the Ethereum blockchain that enables NFT holders to open collateralized debt positions (CDPs) using their NFTs as collateral. Users mint pETH or pUSD, native tokens of the protocol that are pegged to ETH and USD respectively via Curve pools, enabling users to effectively obtain leverage on their NFTs.

Methodology

Counts the floor value of all NFTs supplied in the protocol vaults

Similar protocols

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