Volume 24h
$3.73k
Token Price
$0.4251
+19.72%
About Colend
The Colend Protocol stands as a decentralized, non-custodial liquidity protocol where participants can act as suppliers, borrowers, or liquidators. Suppliers inject liquidity into markets and have the potential to earn interest on the crypto assets they contribute, while borrowers can secure loans in an overcollateralized fashion. Additionally, borrowers can partake in one-block borrow transactions, commonly referred to as “flash loans,” which eliminate the requirement for overcollateralization.
