Fungify
Fungify is an NFT bank offering lending pools with dynamic APYs and a market-cap-weighted NFT index.
What is Fungify?
Fungify is an NFT bank that provides lending pools and a market-cap-weighted NFT index. Users can borrow against NFT collections like CryptoPunks, BAYC, Azuki, and Pudgy Penguins with dynamic, market-driven APYs, or lend to earn yield. Fungify also offers $NFT, an index that provides broad NFT exposure weighted by market cap across blue-chip collections. Users can buy as much or as little as they want and earn fees from sellers. The platform is community-led as a DAO controlled by governance token holders.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
