Currencies32910
Market Cap$ 2.55T-8.64%
24h Spot Volume$ 91.69B+76.1%
DominanceBTC59.73%+1.52%ETH7.01%-9.24%
ETH Gas2.23 Gwei
Cryptorank
Open report modalReport issue
BlonkFi

BlonkFi  

7 Watchlists

DeFi

General Info

Funds and Backers

Description

BlonkFi is a money market protocol on Solana that lets users collateralize volatile mid-market assets like memecoins to borrow stablecoins.

What is BlonkFi?

BlonkFi is a money market protocol on the Solana blockchain that enables users to collateralize volatile mid-market capitalizations, such as memecoins, to borrow stablecoins. By allowing users to utilize volatile assets as collateral, BlonkFi aims to build a money-making economy around memecoins, tapping into the $46B+ market category. This protocol serves as a Core Liquidity Infrastructure Layer, enhancing composability for high-attention, high-volatility assets.

Trending Coins and Tokens Flame icon