# Blend

> Track Blend's market cap with daily on-chain data. Compare Blend with other lending projects. See charts, financial statements and datasets in one place.

Source: [Blend on Token Terminal](https://tokenterminal.com/explorer/projects/blendfinance). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: BLND
- Sectors: Lending
- Chains: stellar

## About

### What it is

The protocol facilitates decentralized lending and borrowing through isolated pools, where lenders earn interest on deposits and borrowers access capital by providing collateral.

### Who uses it

Blend is a DeFi protocol built on Stellar's Soroban smart contract platform that enables any entity to create or utilize immutable lending markets tailored to their specific needs.

### How it works

Each pool features mandatory insurance via a backstop module and uses reactive interest rates to ensure efficient capital allocation. Users can permissionlessly lend, borrow, or create new pools with isolated, insured security.

## Metrics

Token Terminal tracks these metrics for Blend daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/blendfinance/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/blendfinance/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/blendfinance/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/blendfinance/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/blendfinance/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/blendfinance/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/blendfinance/metrics/token-supply-circulating)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/blendfinance/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/blendfinance/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/blendfinance/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/blendfinance/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/blendfinance/metrics/gas-used)

## Links

- [website](https://www.blend.capital/)
- [twitter](https://x.com/blend_capital)