List of Decentralised Borrowing & Lending projects in Web3 (2026)

Joule Finance implements isolated lending markets through smart contracts on MoveVM blockchains, enabling users to lend and borrow digital assets with independent position risk management. The platform provides LayerZero-powered cross-chain bridging for liquid restaking tokens between Ethereum and Aptos networks, leveraged yield farming across integrated DEX protocols, and composable liquidity anchors that allow dApps to access pooled liquidity for building yield strategies. The system features variable interest rates based on capital utilization, Efficiency Mode for optimized borrowing with correlated assets, and real-time risk scoring to prevent cascading liquidations. Money markets support native tokens, liquid staking derivatives, and bridged liquid restaking tokens from Ethereum protocols.

Hodl Hodl Lend is a non-custodial peer-to-peer lending platform that lets users borrow and lend using Bitcoin as collateral. Loans are secured through 2-of-3 multisig escrow contracts, with the borrower depositing Bitcoin collateral that is released once the loan is repaid, so neither party's funds pass through the platform's custody. The service requires no identity verification and supports several stablecoins and Bitcoin-pegged assets as loan currencies.

Project 0 is a DeFi-native prime brokerage platform that enables users to borrow against their entire DeFi portfolio across multiple venues with unified margin. Users access credit against positions through a single interface, reducing the need to manage separate borrows.

Hydration Money Market is a decentralised lending protocol built on a modified Aave v3 architecture that allows users to supply crypto assets to earn interest and borrow against accepted collateral. It also issues Hollar, an over-collateralized stablecoin targeting a value of approximately one dollar that users mint by depositing supported crypto assets into the borrow markets. A dedicated stability module supports the peg through direct stablecoin conversions, while partial liquidations are executed automatically at the start of every block to restore health factors and reduce all-or-nothing liquidation risk. Supported collateral spans multiple crypto assets across connected blockchains.

Anvil Protocol is a set of Ethereum smart contracts that lets users deposit digital assets into a collateral vault and reserve them to back financial commitments. Its digital letters of credit guarantee a payment to a beneficiary, with the collateral claimed or liquidated if the creator does not pay. Time-based collateral pools let stakers commit their tokens as backing for these commitments and earn rewards. ANVL holders govern the accepted collateral tokens, collateral factors, and approved external contracts.

Aries Markets is a decentralized money market and margin trading app on Aptos where users lend assets for interest and borrow against collateral from shared pools. A unified margin account with sub-accounts lets users swap with leverage through integrated AMM pools and go long or short without selling their assets. Efficiency mode raises loan-to-value limits for correlated assets, and supplied assets earn yield-bearing tokens usable across Aptos DeFi.

Lavarage is a decentralized spot margin trading platform on Solana that lets traders borrow capital to open leveraged long or short positions on tokens listed on decentralized exchanges, holding the actual underlying token rather than a synthetic derivative. Lenders create lending pools with custom loan terms, while passive stakers deposit into those pools to earn yield from interest and liquidation proceeds. The platform also offers a staking vault where users deposit SOL to receive a liquid staking token that accrues validator rewards alongside a share of platform trading revenue. Margin positions are opened and settled through on-chain smart contracts, with pricing and execution routed through third-party liquidity aggregation on Solana.

Borrow assets against your stake without unstaking it. Repay the loans with the staking yield.

Glow Finance is a decentralized lending platform on Solana that lets users deposit assets into margin accounts to earn yield and borrow against them as collateral. The platform routes deposits into lending markets, passive vaults, and (in development) higher-conviction strategy vaults that automate leverage and capital allocation. It integrates with external Solana DeFi protocols through adapters, allowing composable strategies without leaving the platform. Margin accounts support undercollateralized borrowing against deposited collateral, and lending markets use a utilization curve and partial liquidations to manage borrower and lender rates.

Tinyman App is a decentralized exchange operating on the Algorand blockchain that lets users swap Algorand Standard Assets, provide liquidity to automated market maker pools, and earn fees from trading activity. It supports trigger and recurring orders that automate trades based on price targets or schedules, and integrates lending pools that let liquidity provider tokens be used as collateral for borrowing. Traders and liquidity providers interact directly from self-custodied wallets, and TINY token holders can participate in protocol governance. The platform also aggregates swap routes across multiple pools to improve pricing on larger trades.

Stablecore Digital Asset Based Lending is a banking infrastructure feature that lets banks and credit unions issue dollar loans collateralized by digital assets. It provides collateral tracking and loan metric monitoring around the clock, integrated with a bank's existing core and digital banking systems, to manage over-collateralized, short-term loans. The product includes built-in compliance tooling to help institutions offer crypto-backed lending in a compliant manner.

Silo is a decentralized lending protocol that lets users borrow against, and lend, virtually any onchain token through isolated, risk-contained markets. Each market pairs a specific asset with a bridge asset so that risk in one market cannot spread to others, and lenders can access vaults that pool deposits across several isolated markets for diversified yield. Borrowers pay variable interest based on utilization, while lenders earn from borrower interest, liquidation fees, and upside on collateral received during liquidations.

BENQI Markets is a decentralized lending and borrowing protocol offering two isolated pool structures on Avalanche. Core Markets serve widely used liquid assets such as AVAX and USDC, letting users supply assets to earn algorithmically determined interest and borrow against that collateral. Avalanche Ecosystem Markets extend borrowing and lending to long-tail assets and tokenized real-world assets, restricting borrows to USDC and applying separate risk parameters to isolate volatility from Core Markets. Isolated market configurations and collateralization rules are set per asset to protect the broader protocol from liquidity shocks.

Echelon V1 is a decentralized, non-custodial lending and borrowing protocol built for Move-based blockchains. It allows users to supply digital assets to isolated, modular market pairs to earn yield, and to borrow against posted collateral through vault-based accounting with dynamic, utilization-based interest rates. An efficiency mode groups correlated assets to allow higher borrowing power between them, and price data is sourced from oracle integrations. The protocol also offers a fixed-yield feature that lets users tokenize yield-bearing assets into principal and yield components, enabling fixed-rate exposure or leveraged yield trading that can be posted back as collateral within the lending markets.

Chainflip Lending is a decentralized borrowing and lending protocol that lets users deposit collateral on one blockchain and borrow on another using native assets rather than wrapped tokens. It extends the Chainflip cross-chain settlement network, holding deposited collateral in vaults secured by a threshold signature scheme operated by a distributed validator set, while loans are overcollateralized and priced through oracle feeds. Users can supply or borrow assets like bitcoin, ether, and stablecoins, with liquidations processed through the same cross-chain swapping infrastructure. Integrators can build lending and borrowing flows into their own applications through an open interface and earn a share of fees.

Vesu Protocol is a decentralized lending protocol on Starknet that lets users supply digital assets to earn yield or deposit collateral to borrow other assets through isolated, non-custodial lending pools. Each pool runs on its own contract with independently configured risk parameters, price feeds from an onchain oracle, and permissionless pool creation by curators. Users can also open leveraged Multiply positions that loop collateral and borrowed assets to increase exposure and yield, and deposit into automated vaults that allocate funds across curated strategies under enforced onchain mandates. The protocol is accessible through simplified and advanced interface modes tailored to general users, Bitcoin-focused users, and active traders.

Liquity V2 implements multi-collateral borrowing with user-set interest rates, enabling minting of BOLD stablecoins against WETH, wstETH, and rETH through isolated branch markets. Features include up to 91% LTV ratios, one-click leverage multiplication up to 11x, interest rate delegation to third parties, multiple troves per address, stability pool deposits earning 75% of protocol interest revenue plus liquidation gains, Protocol Incentivized Liquidity directing 25% of revenue to DEX incentives, LQTY staking for governance voting and dual V1 rewards, and redemption mechanism based on interest rates rather than LTV. The protocol maintains immutability while separating liquidation risk from redemption risk through adaptive user-controlled rates.

Liquity V1 implements zero-interest borrowing through immutable smart contracts, enabling users to mint LUSD against ETH collateral at 110% minimum ratio. Features include one-time borrowing fees, stability pool deposits earning liquidation gains and LQTY rewards, direct LUSD redemption for underlying ETH, and LQTY staking for protocol fee distribution. The protocol operates without governance, upgrades, or admin keys.

Nolus DeFi Lease implements asset-backed margin positions with fixed interest rates and partial liquidation mechanisms. The protocol sources liquidity from multiple DEX hubs via IBC, enabling users to open leveraged positions while maintaining direct ownership of underlying assets through smart contract-managed lease agreements.

Moar Market is an undercollateralized lending protocol on Aptos that combines isolated lending pools with unified Credit Account management. The system routes borrowing and asset interactions through user-owned Credit Accounts that enforce solvency using oracle pricing and protocol-specific loan-to-value thresholds. Users lend to isolated asset pools for algorithmically determined yield, borrow to margin trade against decentralized exchange liquidity, and deploy leveraged yield farming strategies across integrated Aptos DeFi protocols.

Auro Finance Protocol is a collateralized debt position protocol on Aptos that lets users deposit staked APT variants and stablecoins as collateral to mint USDA. The protocol uses on-chain oracles to price collateral and applies algorithmic interest rates with automated liquidation for undercollateralized positions. Depositors keep earning underlying staking yield while borrowing against their holdings, and can stake the protocol's utility token for additional rewards.

EVAA is a decentralized lending protocol on the TON blockchain that lets users supply digital assets to earn yield or borrow against posted collateral through smart contracts. The system uses a master contract for global asset configuration alongside individual user contracts, with isolated lending pools separating risk across asset groups and price data delivered through decentralized oracle feeds. Borrowers must maintain overcollateralized positions, with an efficiency mode allowing higher borrowing power against correlated assets such as stablecoins or staked TON derivatives. Users access the protocol through a web application or a Telegram Mini App, and can swap tokens, bridge assets across chains, or spend deposited balances through an integrated card.

RealFi implements decentralized finance protocols supporting lending, borrowing, and staking operations. The platform enables yield generation and collateral management through algorithmic market mechanisms and liquidity provision.

Stormbit is non-custodial settlement software for tokenized-asset transactions, used by holders of assets such as BTC or ETH and by capital providers who fund positions. Holders select a program, Harvest for income above a chosen price, Accumulate for a paid commitment to buy at a chosen price, or Prime for fixed-term credit under a protective floor and cap, and a counterparty prices the terms before the holder authorizes settlement from their own wallet. Prime blocks price-based liquidation during the protected term, opening it permissionlessly only after maturity plus four hours. Capital providers fund these programs through vaults, depositing into epoch-based pools and receiving a share redeemable as positions settle, with variable, unguaranteed returns.

Opus Protocol implements autonomous credit facilities that enable borrowing against crypto portfolios through dynamic risk parameters. The system manages collateralized debt positions, handles liquidations through a stability pool, and maintains a USD-pegged stablecoin using algorithmic controllers.

Relend Vaults integrate with Morpho protocol to generate yields from deposited assets in pre-deposit contracts. Vaults accept various assets including USDC, ETH, cbBTC, and others, providing yield through lending to over-collateralized borrowers. Assets in these vaults contribute to the Global Price Stability Module used to maintain rUSDC liquidity and redemption capacity.

Bulla Banker is a Web3 accounting and invoicing application that lets businesses, DAOs, and individuals create, send, and pay invoices onchain. It tokenizes invoices as onchain records, enabling wallet-to-wallet invoicing, batch payments, and peer-to-peer loans. Companies use it to manage business and personal accounts without relying on traditional banking rails.

Felix Protocol provides decentralized borrowing and lending services on Hyperliquid L1 through two integrated systems. The CDP Market enables users to mint feUSD stablecoin by depositing crypto collateral with user-selectable fixed interest rates and stability pool mechanisms for liquidations. The Vanilla Markets offer variable-rate lending pools where users can supply or borrow asset-native tokens including HYPE, USDC, and HUSD with dynamically adjusted rates. Users can leverage positions through the CDP system, earn yield by depositing feUSD into stability pools, or participate in traditional supply and borrow operations across both markets within a unified interface.

Mole Savings provides decentralized lending pools where users deposit assets to earn interest from borrowers who use these funds as leverage for yield farming. The system calculates dynamic borrowing interest rates based on pool utilization, increasing rates when funds are scarce and decreasing when abundant. Interest rates rise sharply above 90% utilization to encourage more deposits and maintain liquidity for withdrawals.

Huma V2 is a yield platform on Solana enabling users to earn returns from real-world payment financing activities through liquidity provision. Users deposit USDC to receive liquid PST tokens representing their share, choosing between Classic mode for stable yield or Maxi mode for reward multipliers. The platform generates returns through transaction fees paid by businesses accessing payment settlement liquidity.

Huma Institutional is a permissioned protocol providing institutional investors with access to curated payment financing opportunities through compliance-verified liquidity pools. Licensed financial institutions participate in funding cross-border settlements, card payments, and marketplace seller advances. The system enforces smart contract-based risk management with comprehensive AML screening and investor qualification requirements.

Perpetual NFT-backed loans with flexible terms and refinancing options.

Lendasat Lending Platform is a peer-to-peer marketplace that connects Bitcoin holders seeking liquidity with lenders seeking yield. Borrowers lock Bitcoin as collateral in a 2-of-3 multisig escrow shared with a matched lender and Lendasat as a neutral arbitrator, receiving stablecoin or fiat loan proceeds through methods including bank transfer, stablecoins, or a virtual card. Lenders set their own rates, amounts, and durations, and are paid interest while a Bitcoin price oracle monitors collateral value to trigger margin calls or automatic liquidation. Both borrower and lender access points are part of the same underlying escrow and matching protocol, so bank transfer, stablecoin, and card disbursement are payout options within one lending product rather than separate offerings.

Exactly Protocol implements autonomous fixed and variable interest rate markets through utilization-based pricing, enabling users to lend and borrow crypto assets across multiple maturity pools. The system determines fixed rates based on pool demand rather than token pricing while maintaining capital efficiency through automated liquidity provision between variable and fixed rate pools.

WeFi is a decentralized money market for leverage trading. Users lend to earn yield or borrow to create leveraged positions across crypto and select real‑world assets. Assets bought via connected DEXs are locked until loans are repaid. The platform features AAVE integration, leverage vaults, portfolio tools, staking, and a bridge.

Superposition Finance is a decentralized lending and borrowing protocol that lets users supply digital assets as collateral and borrow against them on Aptos. It runs on Concordia's adaptive risk framework, using real-time market volatility analysis and on-chain behavior tracking to set personalized borrowing rates and trigger automated liquidation protection. Lenders earn yield on supplied assets while the protocol maintains capital efficiency through cross-collateral portfolio evaluation across multiple supported assets.

MovePosition is a decentralized lending and borrowing protocol on the Movement Network that lets users supply digital assets as collateral to borrow liquidity through isolated markets. It applies Concordia's adaptive risk model, using real-time volatility analysis and adaptive loan-to-value calculations to size collateral requirements and reduce liquidation risk across a portfolio. Lenders earn floating yield on supplied assets while borrowers access perpetual, non-maturing loans against a range of supported tokens, including bridged and liquid-staking derivatives.

Sharky is a decentralized lending protocol on Solana that allows users to borrow against their NFTs and earn yield as lenders. It provides instant cash access and passive income opportunities for NFT owners and liquidity providers.

A modular lending protocol supporting isolated loan positions with mixed collateral types, efficiency mode for correlated assets, and cross-chain borrowing capabilities across multiple blockchain networks.

TownSquare is a decentralized lending, liquidity, and yield protocol that gives users access to institution-curated yield strategies and real-world-asset-backed vaults. It lets users deposit collateral to borrow across isolated risk pods, supply idle assets into curated yield vaults, and use automated loop vaults to apply recursive leverage to yield-bearing positions in a single transaction. An efficiency mode raises loan-to-value limits for correlated asset pairs while a general mode supports broader cross-asset lending, and the protocol operates across multiple blockchain networks with cross-chain liquidity movement. Loop vaults are marked as an upcoming capability alongside the live lending and vault features.

Asgard Credit Layer is a decentralized borrowing and lending platform on Solana that lets users open Credit Backed Positions to gain leveraged exposure to spot assets using borrowed capital. The platform aggregates yield strategies across integrated money markets, allowing users to amplify yields through leverage, swap collateral between assets, and refinance existing debt to lower interest rates without closing positions. A trading interface lets users execute credit-backed spot positions directly, while a portfolio view and leaderboard track performance across strategies. The system manages collateralization automatically and applies liquidation protections to the leveraged positions it creates.

P2P lending platform on Solana for NFT-backed loans. Users can borrow against or lend to Solana NFTs with fast transactions and customizable terms.

Elemental Fixed Deposit is a structured investment product that allows users to deposit USDC or SOL into epoch-based funds with fixed APR yields. Each epoch lasts five days, and deposits are activated at the start of the next epoch while withdrawals require at least one full epoch to process.

Hobba is a decentralized borrowing and lending platform on Solana that lets users deposit collateral and borrow stablecoins. Users adjust loan-to-value ratios, view liquidation pricing, and use smart earning features to manage risk.

Enables customization of DeFi investment products with flexible yields and low costs. Users choose assets, lock-up periods, and generates returns using options strategies.

Affluent Protocol is a decentralized borrowing and lending platform on TON Blockchain that also offers managed yield vaults. It operates isolated lending pools where users supply assets as collateral and borrow against them at algorithmically adjusted rates, alongside strategy vaults where appointed vault managers lend, borrow, swap, and rebalance deposited funds under code-enforced rules. The system uses a cross-chain account architecture to extend vault strategies to external chains while keeping core operations on TON. Users access the protocol through a web application or directly within a Telegram-native wallet interface for one-click, non-custodial deposits and withdrawals.

Xitadel is a protocol for Liquid Treasury Tokens on Solana that enables post-TGE projects to access capital through overcollateralized, fixed-term bond products. The platform facilitates issuance, funding, trading, maturity, and redemption of LTTs with automated collateral management and liquidation mechanisms.

Watchtower is an on-chain private credit platform that enables space infrastructure companies to borrow capital by tokenizing hardware collateral, while allowing lenders to earn yield and underwriters to participate in risk assessment through algorithmic auctions.

attn.markets Platform facilitates revenue-backed credit lines through revenue accounts, cash advances, and revolving credit facilities. The system routes onchain revenues into jointly governed accounts, proposes revenue share and horizon parameters, and executes automatic repayment routing while positions remain active. Liquidity providers deposit stablecoins into priority pools to earn yield from diversified revenue-backed positions via attnUSD tokens.

Qiro Marketplace is a tokenized private credit lending platform that connects stablecoin investors with fintech and payment borrowers. Borrowers tokenize receivables, loan portfolios, or transaction flows to raise stablecoin debt through term loans or securitized structures, while investors deploy capital into curated credit vaults vetted through underwriting analysis. The platform digitizes onboarding, credit scoring, capital formation, and deal monitoring, giving investors dashboards for repayments, defaults, and allocations. Mainnet deployment is pending, with access currently available through an early-access signup.

iLoop's AI Lending Protocol is a decentralized platform for borrowing and lending assets. It helps users optimize capital efficiency through AI-driven automation.