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

Sky Money is a self-custodial yield app that lets users earn on stablecoins through the Sky Savings Rate and curated lending vaults. Depositing into the savings module mints a savings token that grows in value as yield accrues, while vaults allocate stablecoin deposits across lending markets. Users can also stake the governance token to earn rewards, borrow stablecoins against the staked position, and delegate voting power. Built-in conversion moves between the protocol's stablecoins and legacy tokens at fixed rates, alongside trading between ecosystem tokens. The app runs across multiple blockchains, and users keep full control of deposited funds throughout.

ERC4626-compliant lending protocol enabling users to deposit assets into the Liquidity Layer via fTokens to earn sustainable yields with gas-optimized operations.

Collateralized borrowing protocol implementing single-asset vaults with liquidation thresholds up to 95% LTV and penalties as low as 0.1%, utilizing tick-based position management and range-based liquidation mechanisms.

Specialized protocol enabling direct deleveraging of leveraged stETH/ETH positions at a 1:1 rate with Lido through short-term loan strategies, reducing costs compared to market deleveraging.

Compound v2 provides pooled liquidity markets enabling users to supply assets as collateral and borrow multiple asset types. The system uses cTokens as receipt tokens representing supplied assets, with interest rates determined algorithmically based on utilization. Users can borrow any supported asset against their collateral while earning interest on supplied funds.

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 implements a user interface for interacting with Morpho's lending protocols through a web application. The system provides intuitive access to deposit, borrow, and manage positions across multiple markets. The interface displays real-time data on lending rates, collateral ratios, and available liquidity while enabling seamless transactions with Web3 wallet integration.

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.

Folks Finance's Algorand application provides decentralized lending, borrowing, liquid staking, and trading services on the Algorand blockchain. Users can deposit assets to earn yield, borrow against collateral, stake ALGO through xALGO, and access DEX aggregation through Folks Router.

Folks Finance's cross-chain lending platform enables users to deposit and borrow assets across multiple blockchain networks. The platform maintains native assets on their respective chains while providing unified liquidity management.

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.

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.

Radiant Protocol provides cross-chain lending and borrowing infrastructure using LayerZero messaging protocol, enabling users to deposit collateral on one blockchain and borrow assets on different chains. The system utilizes dynamic liquidity provisioning where users lock RDNT liquidity tokens to earn protocol fees and activate emissions eligibility.

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.

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 is a decentralized protocol providing stablecoin savings vaults and a non-custodial lending market, powered by automated cross-chain capital deployment infrastructure. Savings vaults accept multiple stablecoins and ETH, with yield generated by allocating capital across DeFi protocols, CeFi venues, and real-world assets via the Spark Liquidity Layer. SparkLend enables borrowing of USDS and USDC at governance-set rates against curated collateral including ETH and liquid staking tokens, deployed across multiple EVM-compatible networks.

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 enables fixed-rate lending through auction-based matching of borrowers and lenders. The system conducts weekly auctions to establish market-clearing rates while maintaining collateral in isolated smart contracts throughout loan terms.

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 protocol featuring integrated DEX functionality, multi-tier governance, and cross-chain capabilities. The system supports customizable lending markets with tailored risk parameters through modular architecture and dual-oracle pricing infrastructure.

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.