The BendDAO Collateral Now Holds Almost 400 Mutant Ape NFTs, Worth $9.7M

Source: Dune/@0error_eth .

The Mutant Ape Yacht Club NFT collection has overtaken the Bored Ape Yacht Club as the most extensive collection on BendDAO collateral.

With 393 MAYCs deposited from 166 unique holders, the current floor price is 16 ETH. This means the total MAYC in the collateral is worth approximately 6.2K ETH (~$9.7M).

This marks the first time since September 2022 that a collection other than Bored Ape has held the top spot. Will be interesting to see how this changes the NFT landscape.

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