Skip to content
SkyBitcoins

Best of · Ethereum · Updated

The best NFT Lending dApps on Ethereum in 2026

We track 12 NFT Lending dApps that run on Ethereum and have reviewed 6 of them in full. Our top pick is Gondi V3. Each one is scored on security, ease of use, fees and features.

Ranked list

  1. 1
    Gondi V3 logo

    Gondi V3

    NFT Lending · Ethereum, Hyperliquid L1, Robinhood Chain

    Gondi V3 combines NFT trading with loans against NFTs and a market for lending to collectors. Check the loan terms, fees and liquidation rules before committing an NFT or funds.

    Read the Gondi V3 reviewVisit Gondi V3(opens in a new tab)
    ScoreScore 5.8 out of 10
    TVL $2.91M−1.0%
  2. 2
    Fungify logo

    Fungify

    NFT Lending · Ethereum

    Fungify combines NFT-backed borrowing and lending pools with a market-cap-weighted NFT index. Its example rates may change, and you should check the current costs, access rules and loan risks before using it.

    Read the Fungify reviewVisit Fungify(opens in a new tab)
    ScoreScore 4.9 out of 10
    TVL $125K−0.5%
  3. 3
    XCarnival logo

    XCarnival

    NFT Lending · Ethereum

    XCarnival is an NFT-backed lending protocol offering peer-to-peer and pool-based loans. Its lending model is clear, but current fees, supported collections and practical usage details are not.

    Read the XCarnival reviewVisit XCarnival(opens in a new tab)
    ScoreScore 4.8 out of 10
    TVL $0
  4. 4
    Revest Finance logo

    Revest Finance

    NFT Lending · Ethereum, Avalanche, Arbitrum +3

    Revest Finance lets you lock ERC-20 tokens inside NFTs with custom unlock conditions. Its use case is clear, but fees and the scope of its listed audits need checking before you deposit.

    Read the Revest Finance reviewVisit Revest Finance(opens in a new tab)
    ScoreScore 4.3 out of 10
    TVL $92.8K−5.4%
  5. 5
    JPEG'd logo

    JPEG'd

    NFT Lending · Ethereum

    JPEG'd lets Ethereum NFT holders borrow pETH or pUSD against deposited NFTs. Borrowing rates, collateral limits and liquidation rules are not published here, so check the current terms before putting an NFT at risk.

    Read the JPEG'd review
    ScoreScore 4.2 out of 10
    TVL $503K−2.1%
  6. 6
    Blur Lending logo

    Blur Lending

    NFT Lending · Ethereum

    Blur’s Blend protocol was built for borrowing ETH against NFTs and buying with partial payment, but it is marked inactive. Don’t deposit or pledge an NFT unless you first confirm the lending feature and its contracts are operating.

    Read the Blur Lending reviewVisit Blur Lending(opens in a new tab)
    ScoreScore 3.2 out of 10
    TVL $1.75M−26.4%
  7. 7
    BendDAO Lending V1 logo

    BendDAO Lending V1

    NFT Lending · Ethereum

    BendDAO Lending V1 is a nft lending project on Ethereum. Its team publishes little about how it works, what it costs or how funds are secured, so treat it with care.

    Read the BendDAO Lending V1 reviewVisit BendDAO Lending V1(opens in a new tab)
    ScoreNot rated yet
    TVL $399K−4.4%
  8. 8
    Arcade.xyz logo

    Arcade.xyz

    NFT Lending · Ethereum

    Arcade.xyz is an Ethereum NFT lending marketplace for fixed-rate, peer-to-peer loans. Fee details and the scope of its listed audits need checking before you use it.

    Read the Arcade.xyz review
    ScoreNot rated yet
    TVL $191K−1.2%
  9. 9
    ParaSpace Lending V1 logo

    ParaSpace Lending V1

    NFT Lending · Ethereum, Arbitrum, Polygon +2

    ParaSpace Lending V1 is described as a cross-margin lending protocol for NFTs and tokens. Its current availability, fees and security details are unclear, so verify them before connecting a wallet.

    Read the ParaSpace Lending V1 reviewVisit ParaSpace Lending V1(opens in a new tab)
    ScoreNot rated yet
    TVL $110K−1.9%
  10. 10
    Pine Protocol logo

    Pine Protocol

    NFT Lending · Ethereum, Polygon

    Pine Protocol lets you borrow fungible tokens using NFTs as collateral, but its costs and loan terms are unclear.

    Read the Pine Protocol reviewVisit Pine Protocol(opens in a new tab)
    ScoreNot rated yet
    TVL $20.5K−2.1%
  11. 11
    NFTfi logo

    NFTfi

    NFT Lending · Ethereum

    NFTfi is an Ethereum peer-to-peer NFT lending protocol, but it is marked inactive. Don’t assume you can open a loan or manage an existing one until you confirm the app and loan servicing are operating.

    Read the NFTfi reviewVisit NFTfi(opens in a new tab)
    ScoreNot rated yet
    TVL $13.7K−1.3%
  12. 12
    Unlockd logo

    Unlockd

    NFT Lending · Ethereum

    Unlockd is an Ethereum NFT-lending protocol, but its loan terms, collateral handling and safety are not clear enough to judge. Unlockd says it charges no protocol fees.

    Read the Unlockd reviewVisit Unlockd(opens in a new tab)
    ScoreNot rated yet
    TVL —

NFT Lending dApps on Ethereum: the numbers

Tracked
12
Reviewed
12
Total TVL
$6.11M
Avg. score
4.5/10

The SkyBitcoins index lists 12 NFT lending dApps on Ethereum. Every one of them has a full review. The 10 that report TVL hold $6.11M between them, counting value on every chain they support. Gondi V3 is the clear leader, holding 48% of it. The top five account for 94%, while the median NFT lending dApp holds $125K.

By value locked, the largest NFT lending dApps on Ethereum are Gondi V3 ($2.91M), Blur Lending ($1.75M) and JPEG'd ($503K). The best-rated is Gondi V3 with 5.8/10, followed by Fungify (4.9) and XCarnival (4.8). That makes Gondi V3 both the biggest and the best-rated. The 6 rated NFT lending dApps average 4.5/10, and none scores 8 or above yet.

Beyond Ethereum, these NFT lending dApps most often also run on Polygon (3), Arbitrum (2) and Hyperliquid L1 (1). Of the 9 with a confirmed status, 7 are active and 2 are inactive or wound down. Over the last seven days, combined TVL fell 10.2%. Blur Lending dropped the most (−26.4%).

Largest by TVL

  1. 1Gondi V3 logoGondi V3$2.91M
  2. 2Blur Lending logoBlur Lending$1.75M
  3. 3JPEG'd logoJPEG'd$503K
  4. 4BendDAO Lending V1 logoBendDAO Lending V1$399K
  5. 5Arcade.xyz logoArcade.xyz$191K

Highest rated

  1. 1Gondi V3 logoGondi V35.8
  2. 2Fungify logoFungify4.9
  3. 3XCarnival logoXCarnival4.8
  4. 4Revest Finance logoRevest Finance4.3
  5. 5JPEG'd logoJPEG'd4.2

Method

How we ranked them

Reviewed dApps come first. Each SkyBitcoins review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.

Guides

Related guides

All guides

  • Blockchain

    How to Use Base: A Practical Guide for 2026

    Base is an Ethereum Layer 2 that lets you use compatible wallets and apps with ETH for gas. Learn how to set up a wallet, move funds, estimate costs and avoid common risks.

Frequently asked questions

What is the largest NFT lending dApp on Ethereum by TVL?

Gondi V3 is the largest NFT lending dApp on Ethereum by total value locked, with $2.91M across all the chains it supports. It is followed by Blur Lending ($1.75M) and JPEG'd ($503K). TVL figures come from DefiLlama and change daily.

Which NFT lending dApp on Ethereum has the highest SkyBitcoins score?

Gondi V3 has the highest score at 5.8/10, ahead of Fungify (4.9) and XCarnival (4.8). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many NFT lending dApps on Ethereum has SkyBitcoins reviewed?

SkyBitcoins tracks 12 NFT lending dApps on Ethereum. Of these, 12 have a full review and 10 report value locked, $6.11M in total, counting value on every chain they support.

Which NFT lending dApps on Ethereum grew the most this week?

Among NFT lending dApps with at least $1M locked, Blur Lending the biggest drop (−26.4%). Combined TVL moved −10.2% over the same seven days.

What is the average score for NFT lending dApps on Ethereum?

The 6 rated NFT lending dApps on Ethereum average 4.5 out of 10. Of these, 0 score 8 or higher and 5 score below 5.