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Wine-backed lending, every number verifiable

Live platform metrics for fine wine collateral and lender yield, priced from Liv-ex and settled on Base. Nothing is claimed that can't be checked on-chain.

€18.4M
Total value locked
6,420
Bottles under custody
€31.2M
Loans funded · cumulative
9.1%
Avg lender yield

Total value locked

+338% · 12 months
Aug 2025Jul 2026

Fine wine collateral by region

Bordeaux42%
Burgundy24%
Champagne12%
Tuscany9%
Napa Valley8%
Other5%

Default & liquidation history

Every liquidation, with realized recovery to lenders.

0.4%
Default rate · 12m
3
Liquidations to date
96%
Avg recovery
Ornellaia 2015 · 24 btl
18 May 2026 · L-0842
98% recovered
€71,400
Harlan Estate 2016 · 12 btl
02 Apr 2026 · L-0781
94% recovered
€142,000
Château d’Yquem 2011 · 18 btl
11 Feb 2026 · L-0655
97% recovered
€58,900

Custodians & oracles

Bordeaux City Bond
Custodian · 128 positions
Active
London City Bond
Custodian · onboarding
In review
Liv-ex
Price oracle · 342 wines
Active
Valuations use the Liv-ex Mid methodology, refreshed every 4 hours and published on-chain. Pricing halts if a feed exceeds 24h staleness.
Loan contracts, custody attestations and price publishes are all recorded on Base.View contracts on-chain