List of Decentralised Borrowing & Lending projects on Base (2026)

Sky Money is a self-custodial app for earning yield on stablecoins. Users supply stablecoins to the Sky Savings Rate, curated lending vaults, a variable-rate pool that funds SKY-backed borrowing, or a fixed-yield market, and can receive ecosystem token rewards for supplying USDS. Users can stake SKY to accrue staking rewards and borrow USDS against the staked position. The app converts between USDC and USDS in both directions without fees. It runs across multiple blockchains, and users keep custody of their funds.

Fluid Lending Protocol is the deposit-and-earn protocol of Fluid, where users supply assets to the Liquidity Layer and receive ERC-4626 fTokens that earn yield. Deposits are lent to borrowers across Fluid's vault and DEX protocols for long-term, sustainable returns. A Lending Resolver gives integrators read-only access to fToken data, rates, rewards, and user positions.

Fluid Vault Protocol is a borrowing protocol where users lock one collateral asset and borrow one debt asset in a vault. Vaults allow high loan-to-value ratios on collateral and use the Liquidity Layer for the borrowed funds. Resolver contracts expose vault, position, tick, and liquidation data, so liquidation bots and DEX aggregators can use available liquidations as swaps.

Compound III provides single-asset borrowing markets with isolated collateral pools for enhanced security and capital efficiency. Each deployment supports borrowing one base asset using approved collateral types that remain user property unless liquidated. The protocol features reduced gas costs, lower liquidation penalties, and algorithmic interest rates while eliminating pooled-risk across multiple borrowable assets.

Morpho Blue Protocol is a decentralized lending protocol providing permissionless, overcollateralized lending markets. Each market pairs one collateral asset with one loan asset and fixes its oracle, interest rate model, and liquidation threshold at creation, held in immutable smart contracts checked by formal verification. Isolating risk to individual markets lets anyone open a market and allocate capital under known parameters.

Morpho Vaults is a yield aggregator that allocates deposits across Morpho lending markets. Curators define each vault's strategy, setting market allocations, deposit caps, permissions, and risk parameters on behalf of depositors. Vaults follow a tokenized vault standard, so a depositor holds a transferable share that accrues interest from the underlying markets.

Morpho App is a web interface for lending and borrowing on the Morpho protocol. It lets users deposit into curated vaults, borrow against collateral in isolated markets, and manage open positions from a self-custody wallet. The interface shows current rates, collateral ratios, and available liquidity, and bundles multi-step actions into a single transaction.

Morpho Midnight is a noncustodial fixed-rate lending protocol. Lenders and borrowers trade market units that mature on a fixed date, and the price of a unit sets the implied fixed rate for the remaining term. Markets are isolated, immutable, and permissionlessly created, each naming a loan asset, a maturity date, and one or more collateral assets with their own oracles and risk parameters.

SODAX is a cross-network execution and liquidity protocol that coordinates financial actions across multiple blockchain networks through a solver-based intent model. A proprietary solver evaluates execution paths and routes user intents through a multi-bridge architecture combining proprietary relays with third-party bridging protocols. An integrated money market provides lending and borrowing infrastructure that also serves as execution liquidity for cross-network settlement.

Nostra is a decentralized finance application on Starknet that combines lending and borrowing, liquidity pools, token swaps, and cross-chain bridging in one connected-wallet experience. Users supply and borrow assets against tokenized collateral positions using risk tiers, efficiency modes, and dynamic interest rates, with flash loans and automated liquidation protection built in. The platform also runs automated market maker pools with verified, experimental, volatile, stable, and degen risk designs that feed liquidity into the swap function for token exchanges. A bridging module, powered by a cross-chain interoperability partner, moves assets between Starknet and other blockchain networks.

Algorand App is the Folks Finance DeFi suite on Algorand, with lending and borrowing markets, liquid staking, and a DEX router in one interface. Users deposit assets to earn yield, borrow against collateral, stake ALGO for xALGO to earn consensus rewards while staying liquid, and automate looped positions. Folks Router aggregates DEX liquidity on Algorand so swaps route through the best available pools.

xChain App is the cross-chain lending and borrowing app of Folks Finance, built on a hub-and-spoke model in which a hub chain holds unified liquidity pools that connected spoke chains can access. Users lend, borrow, and trade across multiple networks from a single cross-chain account, with assets kept native on their own chains. Listed markets include stablecoins, liquid staking tokens, and assets from partner ecosystems.

Balanced is a cross-chain DeFi platform providing a money market and exchange across multiple blockchains. The money market enables users to supply crypto assets to earn variable-rate interest and borrow against cross-chain collateral. The exchange aggregates prices from multiple decentralized exchanges via SODAX Intents, settling cross-chain swaps within seconds. The bnUSD stablecoin is accessible as a fixed-rate borrowable asset, backed by over-collateralized crypto collateral.

Venus Protocol is a decentralized money market where users supply assets to earn interest and borrow against collateral. The core pool sets interest rates by supply and demand, offers E-Mode for more efficient borrowing against related assets, and liquidates undercollateralized positions. Users can mint the VAI stablecoin against collateral and open leveraged positions in a single transaction. Liquidity Hub vaults route one deposited asset across several yield sources. Venus Prime boosts yields for XVS stakers through non-transferable tokens funded by protocol revenue.

PWN Protocol is a permissionless peer-to-peer lending protocol that lets users borrow and lend using virtually any digital asset as collateral. Loans are set up with fixed terms negotiated between counterparties, and because pricing is oracle-less, collateral cannot be seized through price-based liquidation, only through missed repayment. The protocol supports several access modes, from simplified fixed-term note strategies to curated markets and a fully customizable peer-to-peer marketplace, and integrates with a range of external DeFi lending and yield venues to source liquidity and collateral options.

Moonwell Protocol is a decentralized lending and borrowing platform that lets users supply digital assets to earn yield or borrow against posted collateral. It operates through isolated markets with dynamic, algorithmic interest rates and includes tokenized vaults that route deposits across lending markets for aggregated yield. The protocol is governed by its community and runs across multiple blockchains, giving users a consistent interface for money-market activity regardless of network.

Upshift is a vault platform that lets institutions and partner protocols offer onchain yield strategies. Deposits mint receipt tokens, curators deploy the assets under an onchain policy engine built on August, and net asset value accrues back to depositors. Its DeFi Yield vaults allocate deposits to curated strategies across multiple chains, while Vault-as-a-Service lets partner protocols run the same vaults under their own brand. RWA Clear funds instant redemptions of tokenized real-world assets from an LP pool that earns spread fees and lending yield, and developers can integrate through an SDK, REST API, CLI, and MCP server.

Euler Protocol enables users to create custom lending markets through modular vault architecture. The protocol uses the Euler Vault Kit for permissionless vault deployment and the Ethereum Vault Connector for cross-collateral functionality across multiple vault types.

Euler V2 is a modular lending platform built on the Euler Vault Kit and Ethereum Vault Connector, enabling permissionless deployment of custom lending vaults with isolated risk management and cross-vault collateralization.

BiFi Cross-chain is a lending market on the Bifrost Network where users supply native assets from connected blockchains as collateral and borrow on another network. Deposits move through Bifrost's cross-chain bridge without wrapped tokens, and validators verify each transaction. Supply and borrow rates adjust in real time with market supply and demand across a range of stablecoins and major crypto assets.

Legacy BiFi is the original BiFi lending app, where users supply assets to earn interest and borrow against them on each supported blockchain separately. It also offers pooling and staking of BiFi liquidity tokens, and users earn BiFi token rewards for lending activity. The app remains available from the BiFi website alongside BiFi Cross-chain.

Arcadia Finance is a decentralized liquidity management platform that lets users set up automated positions on automated market maker exchanges. It provides curated one-click strategies, custom liquidity ranges, and automated compounding and rebalancing for concentrated and virtual liquidity positions, alongside lending pools for passive yield. The platform is non-custodial, giving users self-owned accounts that retain control of assets while automations execute within onchain boundaries.

Everst is a decentralized lending protocol for tokenized equities that lets users borrow, short, and hedge against tokenized stock collateral. It combines a dual-oracle price feed, drawing on Chainlink and Pyth, with hybrid liquidation routing that resolves undercollateralized positions through on-chain auctions or off-chain broker venues to limit slippage during volatile equity markets. The protocol operates across multiple blockchain networks and is aimed at users seeking leveraged exposure to tokenized equities.

Spark Savings is a savings product that lets users deposit supported assets into vaults and earn a governance-set rate on the same asset. Yield comes from the Spark Liquidity Layer, which allocates capital across DeFi, centralized finance, and real-world asset strategies, and deposits stay withdrawable. The same app includes SparkLend, a non-custodial money market where users supply assets and borrow against curated collateral at governance-set rates. Vaults and markets run on multiple EVM-compatible blockchains.

Steakhouse USDC on Coinbase is a Prime Instant lending vault that lets Coinbase users lend USDC into onchain lending markets through Coinbase's noncustodial Smart Wallet integration. The vault deploys deposits into overcollateralized crypto-backed lending markets, concentrating exposure in blue-chip collateral pairs with automated rebalancing across borrow markets to manage liquidity and yield. Retail USDC holders access institutional-grade lending yield directly from the Coinbase interface without needing a separate DeFi wallet or platform.

Steakhouse USDG on Robinhood Chain is a Steakhouse-curated lending vault that lets Robinhood Earn users lend USDG into onchain lending markets on Robinhood Chain. The vault allocates deposits into overcollateralized crypto-backed lending markets, applying the same collateral curation and risk framework Steakhouse uses across its other partnership vaults. Robinhood users access onchain lending yield directly through the Robinhood Earn interface without operating a separate DeFi wallet.

Term Finance Protocol is a fixed-rate lending protocol that matches borrowers and lenders through recurring sealed-bid auctions. Each auction clears at a single market rate, and collateral stays in non-custodial smart contracts for the loan term. Lenders receive tokens that redeem for principal plus interest at maturity.

Fuze OS is a digital asset infrastructure platform that lets banks, fintechs, and other businesses embed crypto trading, custody, payments, and stablecoin services into their own products. It provides unified APIs for wallet creation, fiat and crypto account management, trading execution, and compliance monitoring. The platform handles order execution, custody orchestration, and reconciliation while giving operators a dashboard to track transactions and compliance events. It supports fiat-to-crypto conversion, cross-border settlement, and AI-assisted compliance automation. Businesses use it to launch branded trading, payment, and wallet experiences without building regulatory or custody infrastructure themselves.

Pike Markets is a decentralized money market with integrated exchange functionality for correlated assets. Users supply assets to earn yield, borrow against collateral, and swap assets whose liquidity can also serve as lending collateral. Governors create custom lending markets with their own risk parameters, and each market stays isolated from the rest. Governance uses multiple tiers with time-delayed execution of protocol changes.

Kapan Finance is a lending aggregator that manages DeFi borrowing and lending positions across multiple protocols and blockchains from one screen. Flash-loan-funded atomic transactions let users refinance, loop, swap collateral, or move a whole position to another protocol with one signature and no extra capital. The app is non-custodial, charges no protocol fee, and is used by borrowers looking for lower rates.

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.

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.