River is building a chain-abstracted stablecoin system, connecting assets, liquidity, and returns across multiple blockchains. Through its core stablecoin, satUSD, users can achieve returns, leverage, and scale across diverse ecosystems. River's key feature is its pioneering omni-CDP module, allowing users to collateralize assets on chain A and mint satUSD on chain B—all without requiring cross-chain asset bridging.
River
|
DeFi、Lending、Stablecoin Protocol
| | Chain Abstraction Stablecoin System |
536
|
193
|
Fira Lend is a DeFi protocol on Ethereum that allows users to lend and borrow assets via smart contracts.
Fira
|
DeFi、Lending
| -- | Decentralized Lending Protocol |
103
|
160
|
BlockStreet is the first DeFi protocol built for tokenized stock utility, delivering decentralized lending, leverage, and yield opportunities .
Block Street
|
DeFi、Lending、RWA、Digital Securities
| | DeFi protocol built for tokenized stock utility |
450
|
153
|
Sky is a decentralized financial system whose native currencies USDS and SKY are upgraded versions of DAI and MKR. Other products include Sky Savings Rate, Sky Token Rewards and Staking Engine, and SkyLink connects the Ethereum mainnet and Layer 2 network.
Sky
|
DeFi、Lending、RWA、Stablecoin Protocol
| | Decentralized lending platform |
1,124
|
144
|
Current is a decentralized finance (DeFi) protocol built on the Sui network, focused on capital-efficient lending and structured financial products. The platform features an isolated-margin architecture and one-click "Multiply" functions that automate the looping of asset positions to adjust leverage. By utilizing a combination of shared and isolated asset pools, the protocol provides risk management tools designed to prevent cross-market contagion while offering users options for collateral management and yield generation.
Current
|
DeFi、Lending
| | leverage liquidity layer |
323
|
142
|
Aave is a decentralized finance protocol for borrowing and lending, where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion. AAVE is used as the center of gravity of Aave Protocol governance, allowing users to vote and decide on the outcome of Aave Improvement Proposals (AIPs). Additionally, AAVE can be staked within the protocol's Safety Module to provide security/insurance to the protocol and depositors. Stakers earn staking rewards and fees from the protocol.
Aave
|
DeFi、Lending、Stablecoin Protocol
| | Decentralized lending-borrowing protocol |
1,350
|
131
|
Edel Financea is a decentralized, non-custodial lending protocol built on the Ethereum Virtual Machine, specifically designed to handle tokenized equities and other Real-World Assets (RWAs). The platform aims to recapture revenue typically taken by financial intermediaries by allowing users to earn yield on idle stocks through automated lending pools and to borrow cash using their crypto and tokenized assets as over-collateralized security.
Edel Finance
|
DeFi、Lending、RWA
| | Non-custodial lending protocol |
278
|
93
|
World Liberty Financial is a DeFi project supported by the Donald Trump family. Its mission is to "make cryptocurrencies and America great by promoting the mass adoption of stablecoins and decentralized finance". World Liberty Financial will first be launched as a market for cryptocurrency lending using Aave infrastructure, and will launch its governance token WLFI and stablecoin USD1. Unlike other governance tokens such as UNI and MKR, WLFI does not provide economic rights.
World Liberty Financial
|
DeFi、Lending、Stablecoin Protocol
| -- | Crypto Lending Platform |
1,723
|
89
|
Huma Finance is a PayFi network powers financing of global payments, with instant access to liquidity anywhere, anytime.
Huma Finance
|
DeFi、Lending、RWA、Payment
| -- | PayFi network |
550
|
89
|
Navi is a Native One-Stop Liquidity Protocol on Sui. It enables users to participate as liquidity providers or borrowers within the Sui Ecosystem.Liquidity providers supply assets to the market, earning passive income through yields, while borrowers have the flexibility to obtain loans for different assets. With its focus on providing essential DeFi infrastructure, Navi aims to be a key player in the rapidly evolving world of DeFi in the Sui EcosystemThe protocol's innovative features, such as Automatic Leverage Vaults and Isolation Mode, enable users to leverage their assets and access novel trading opportunities with minimized risks. NAVI's design provides support for digital assets at different risk levels, while its advanced security features ensure the protection of user funds and the mitigation of systemic risks.
NAVI Protocol
|
DeFi、Lending
| | One Stop Liquidity Protocol |
286
|
88
|
TermMax is a next-generation loan AMM offering one-click looping, range orders, fixed/variable rates, and customizable pricing curves. Within a single platform, TermMax simplifies DeFi borrowing, lending, and leveraging with one-click token trading, enabling predictable borrowing costs and stable returns.
TermMax
|
DeFi、Lending、Fixed Interest Rate Lending
| | Peer-to-peer bond protocol powered by ZK-Rollup |
339
|
86
|
Spark is a DeFi lending protocol centered around the DAI stablecoin. It is a software fork of the leading lending protocol, Aave's Version 3, which integrates direct lending capabilities within MakerDAO. Through Spark, users can obtain DAI loans using assets such as Ether (ETH), staked Ether (stETH), and DAI.
Spark Protocol
|
DeFi、Lending
| | Lending Market |
903
|
83
|
Centrifuge is an open decentralized infrastructure for on-chain asset management and real-world asset (RWA) tokenization. The platform enables asset managers to tokenize institutional-grade assets—such as credit, real estate, and treasuries—into freely transferable tokens for use across DeFi ecosystems. Its core components include a compliant framework for asset origination, Anemoy (a full-service asset management arm for fund structuring), and Proof-of-Index infrastructure for tokenizing structured financial products like S&P 500 index funds.
Centrifuge
|
DeFi、Infra、Layer1、Lending、RWA
| | The on-chain ecosystem for structured credit |
756
|
82
|
Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2. Aerodrome NFTs vote to distribute token emissions and receive incentives and fees generated by the protocol.
Aerodrome
|
DeFi、DEX、Lending
| | A central trading and liquidity marketplace on Base |
931
|
81
|
JustLend is a TRON-powered coin market protocol, aiming to set up fund pools with interest rates determined by an algorithm based on the supply and demand of TRON assets.The protocol is the stablecoin USDJ and is the issuing platform.
JustLend
|
DeFi、Lending
| | Decentralized lending-borrowing protocol |
424
|
79
|
Venus Protocol is a decentralized lending platform that lives on the BNB Chain. At its core, Venus is a money market protocol that enables lenders to generate yield on their tokens by providing loans, and borrowers to take out loans using $XVS and a variety of other currencies as collateral.
Venus
|
DeFi、Lending
| | Decentralized lending platform |
425
|
78
|
Morpho is a lending protocol that combines the liquidity pool model used by Compound or AAVE with the capital efficiency of peer-to-peer matching engines used in order books. Morpho-Compound improves Compound by providing the same user experience, liquidity, and liquidation parameters, but with an increased APY due to peer-to-peer matchings.
Morpho
|
DeFi、Lending
| | Decentralized lending-borrowing protocol |
1,260
|
74
|
Concrete is the native base protocol to generate credit products and derivatives. It additionally opens the gateway to build an entirely new set of financial primitives for on-chain assets using Concrete as the base layer of compute. At launch, Concrete will serve users across money markets such as Aave, Compound, Silo, and Radiant, regularly adding both established and emerging lenders.
Concrete
|
DeFi、Lending
| | On Chain Debt & Credit System |
616
|
73
|
Dolomite is a next-generation margin trading and lending protocol.
Dolomite
|
DeFi、Lending、Derivatives
| | Margin trading and lending protocol |
408
|
72
|
Gondor is a decentralized protocol that allows users to borrow against their Polymarket positions and trade with 2x leverage.
Gondor
|
DeFi、Lending
| -- | DeFi layer for prediction markets |
343
|
71
|
HyperLend is a digital asset lending platform that aims to enhance efficiency in lending and borrowing cryptocurrencies. It uses Hyperliquid's EVM Blockchain to perform financial services with maximum security, transparency, and liquidity. The plan is to go even beyond into other arenas such as options and spot margin trading on Hyperliquid DEX in the future.
HyperLend
|
DeFi、Lending
| | Digital asset lending platform |
282
|
70
|
Rhea Finance is a decentralized, non-custodial platform that offers pool-based interest rates. It allows users to supply assets to earn interest and to borrow against them to gain access to liquidity. Rhea Finance was formed from the merger of Burrow and Ref Finance.
Rhea Finance
|
DeFi、Lending
| | Decentralized lending-borrowing protocol |
412
|
70
|
Euler is a non-custodial, permissionless lending protocol that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party. The protocol features a number of innovations, including permissionless lending markets, reactive interest rates, protected collateral, MEV-resistant liquidations, multi-collateral stability pools, and much more.
Euler Finance
|
DeFi、Lending
| | Decentralized lending-borrowing protocol |
604
|
69
|
Aria is a combining RWA and IP platform that focused on compliant tokenization and fractionalization of RWIP, unlocking liquidity for RWIP via secondary exchange and lending markets. Aria allowing distributed ownership and decision making, remixing and derivative works to add revenue streams.
Aria
|
DeFi、Lending、RWA
| | Combining RWA and IP platform |
254
|
65
|
Loopscale Protocol is a peer-to-peer system and on-chain matching engine for borrowing and lending tokens on Solana, combining the market structures and risk management of traditional finance with the viability and scalability of public blockchains. The protocol enables sophisticated loan structuring and supports complex collateral, including LP tokens, natively-staked SOL, and tokenized treasuries.
Loopscale
|
DeFi、Lending
| | Borrowing and lending platform on Solana |
472
|
65
|
Avon is a composable order book-based lending framework.
Avon
|
DeFi、Lending
| | Order book-based lending framework |
376
|
63
|
Kyo Finance is a liquidity center on Soneium. The configurable liquidity pool system accepts not only ERC-20 tokens, but all types of on-chain assets including but not limited to ERC-721&1155.
Kyo Finance
|
DeFi、Lending
| | Liquidity Hub on Soneium |
73
|
63
|
Term Finance is a decentralized lending protocol that utilizes a unique auction model to support scalable fixed-rate/fixed-term lending, the first of its kind in DeFi. It brings borrowers and lenders together in a fair and transparent auction process, which determines a single market clearing rate for all participants, regardless of size.
Term Finance
|
DeFi、Lending、Fixed Interest Rate Lending
| | Fixed rate lending on-chain at scale |
147
|
63
|
Flying Tulip is building an onchain financial marketplace that unifies spot trading, derivatives, credit, a native stablecoin (ftUSD), and onchain insurance within a single cross‑margin system designed for capital efficiency and transparent risk management.
Flying Tulip
|
DeFi、DEX、Lending、Derivatives、Options、Perp
| | Intelligent trading protocol |
1,170
|
62
|
Reservoir is a decentralized stablecoin protocol focused on stablecoin innovation on Berachain, providing users with a widely available next-generation stablecoin, liquidity-yielding asset rUSD, term yield asset srUSD, trUSD, and permissionless lending market through multi-asset support, on-chain transparency, and modular design. The protocol is backed by multiple digital and real-world assets - providing the most scalable stablecoin through DeFi applications and real-world asset integration.
Reservoir
|
DeFi、Lending、Stablecoin Protocol
| | Decentralized stablecoin protocol |
146
|
62
|