IntoTheBlock Welcomes Mendi Finance to the DeFi Risk Radar

We’re excited to share that Mendi Finance is now integrated into the DeFi Risk Radar. With this integration, you can now analyze 20+ indicators for evaluating economic risk in the protocol.

Managing risk is one of the key factors to success in DeFi, and our DeFi Risk Radar offers an advanced set of risk management indicators designed to help investors gain insight into various risk factors. This latest integration enables advanced risk analysis for Mendi Finance.

About Mendi Finance

Mendi Finance is a lending and borrowing protocol on the Linea blockchain, offering decentralized, transparent, and non-custodial peer-to-peer lending solutions. Built with EVM compatibility, it mirrors the functionality of established platforms like Compound Finance and AAVE, allowing users to lend and borrow a variety of assets such as wETH, wstETH, wBTC, USDC, USDT, ezETH and DAI.

Mendi Finance is deeply committed to the diligence that is provided to users through platforms like IntoTheBlock. We are proud to have the Mendi Dashboard live and enable our users to assess risk using industry-leading data analytics. Barna, co-founder Mendi Finance

Enhanced Visibility into Economic Risk

Our Risk Radar now includes a comprehensive suite of risk management tools tailored to the specific mechanics of Mendi Finance. This integration underscores Mendi Finance’s commitment to providing its users with enhanced transparency and actionable insights into economic risks.

This integration provides 23 risk indicators, providing insights into aspects of the protocol like borrowing, lending, liquidations, whale activity and leverage.

These indicators are designed to provide critical insights into essential risk factors such as market liquidity, loan health, recursive lending and more.

Explore all the risk indicators for Mendi Finance here: https://defirisk.intotheblock.com/metrics/linea/mendi

About IntoTheBlock

IntoTheBlock is a leader in providing sophisticated analytics, DeFi services, and risk management tools for the cryptocurrency industry. By leveraging advanced technology, we deliver insights that help both retail and institutional investors understand and navigate the digital asset market.