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Spice Finance
Spice Finance

Spice Finance

Yield Aggregator

Spice Finance Review

Spice Finance, established in 2021, is a decentralized finance (DeFi) protocol designed to simplify and enhance the NFT lending experience. By aggregating loans and pools, Spice Finance helps users get more out of their NFT-backed assets through efficient, algorithmic strategies. The platform secured $1.7 million in a pre-seed funding round on October 27, 2022, with notable investors including Shima Capital, Protofund, Big Brain Holdings, and Origin Protocol. Spice Finance’s goal is to make NFT lending accessible and streamlined, allowing users to deploy capital easily across NFT marketplaces while benefiting from optimized returns.

TVL
$334 389
Blockchain
N/A
Promo bonus
No bonus for now
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Spice Finance offers

WETH
Est. APY
9.7%
Status
Available
Term
Flexible
TVL$123 813
Blockchain
Ethereum
Ethereum
WETH
Est. APY
7.4%
Status
Available
Term
Flexible
TVL$93 676
Blockchain
Ethereum
Ethereum
WETH
Est. APY
10.26%
Status
Available
Term
Flexible
TVL$104 292
Blockchain
Ethereum
Ethereum
WETH
Est. APY
19.79%
Status
Available
Term
Flexible
TVL$12 735
Blockchain
Ethereum
Ethereum

Crypto earn alerts on Spice Finance

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Spice Finance, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Spice Finance.

Earning crypto on Spice Finance

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Spice Finance. Check the table above for all the details.

Current TVL of the Spice Finance protocol

The Spice Finance protocol's Total Value Locked (TVL) is currently $334 389. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Spice Finance is holding.

Spice Finance protocol type

Spice Finance is a yield aggregator in DeFi, designed to help users earn more from their crypto assets through automated strategies. By pooling funds, Spice Finance places assets across different platforms to access higher yield opportunities. This process is managed with smart contracts, so users don’t have to constantly watch the markets, as Spice Finance automation handles the optimization, aiming for the best returns based on current conditions.

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