Lending & Yield Companies

Sharky is an NFT-collateralized lending protocol on Solana that enables borrowers to use NFTs as collateral to access liquidity and allows lenders to earn yield by funding loans. The protocol operates on a peer-to-peer model in which lenders post offers against specific NFT collections and borrowers can accept terms immediately without negotiating with counterparties. The system includes a native SHARX NFT collection with staking mechanics that generate rewards, creating a protocol-native incentive structure. The platform serves Solana-based NFT holders and DeFi participants seeking to unlock capital from illiquid digital assets.

Spark is a decentralized finance protocol and on-chain asset allocator structured as a subdao of Sky, formerly known as MakerDAO. The protocol provides stablecoin savings, lending, and borrowing products. Spark Savings enables users to deposit USDC, USDT, PYUSD, USDS, and ETH to generate yield. SparkLend functions as a lending market where users can borrow USDS by providing collateral. The protocol allocates capital across multiple DeFi platforms including Aave and Morpho, as well as into real-world asset positions. Operations occur entirely on-chain with capital deployments documented and accessible through a public data dashboard. SPK serves as the protocol's native governance and staking token. The system is designed to serve both retail and institutional participants.

Sturdy is a decentralized finance lending protocol that implements isolated lending markets with shared liquidity pools. The protocol enables lenders to select specific collateral assets for exposure while allowing borrowers to utilize a broad range of assets through permissionless onboarding mechanisms. The V2 architecture incorporates yield aggregators modeled on Yearn V3 design patterns, which distribute deposits across whitelisted silos. Yield allocation optimization is performed autonomously by miners operating on a Bittensor subnet. The protocol supports rapid deployment of liquid money markets for project tokens. Smart contracts have undergone security audits by Spearbit, ChainSecurity, and Zellic.

Swaylend is a decentralized lending and borrowing protocol deployed on the Fuel Network, a modular execution layer that processes transactions using a UTXO-based parallel execution model and the Sway programming language. The protocol enables users to supply cryptocurrency assets as collateral and borrow against them. Price data is sourced from the Pyth Network oracle. The protocol's architecture leverages Fuel's design to reduce transaction costs and processing time compared to EVM-compatible chains. Swaylend serves participants in the Fuel ecosystem who require on-chain credit markets, including programmatic actors such as AI agents that can execute lending and borrowing operations.

Tectonic is a cross-chain money market protocol built on the Cronos blockchain. It allows users to supply crypto assets as collateral, borrow against them, or earn interest on deposits. Supported assets include USDT, USDC, WBTC, WETH, CRO, and various Crypto.com-wrapped tokens. The protocol features a native token, TONIC, which can be staked to receive xTONIC. Users can lock xTONIC in vaults to boost net APY on supply and borrowing positions. Tectonic is organized into multiple pools, including Main, Veno, and DeFi pools. It also integrates with the Crypto.com ecosystem, including LCRO and CDC-wrapped assets.

Teller is a decentralized lending protocol that facilitates borrowing and lending of crypto assets through isolated lending pools. The protocol supports unsecured and undercollateralized lending mechanisms on-chain, distinguishing its design from overcollateralized models used in comparable protocols. The system operates across multiple protocol versions and includes functionality for NFT-backed lending. Teller provides a widget product that enables third-party platforms to integrate its lending infrastructure. The protocol architecture comprises isolated pools that segregate risk and lending parameters across different asset pairs or borrower cohorts.

Templar Protocol is a decentralized finance lending protocol that enables users to borrow U.S. dollar-denominated stablecoins by providing Bitcoin and other cryptocurrency assets as collateral. The protocol operates on non-custodial, trustless mechanics, allowing borrowers to maintain control of their assets throughout the lending process without reliance on centralized intermediaries. The system is accessible through a web application, with supporting documentation, community channels, and open-source code repositories available for developer reference and transparency.

Tenor is an onchain fixed-rate borrowing and lending platform built on the Morpho protocol. It facilitates peer-to-peer matching between borrowers and lenders at fixed interest rates for stablecoins. The platform operates three service tiers: Tenor for retail users, Tenor Prime for curators and institutional lending desks, and Tenor Enterprise for fintechs and institutions. Core features include conditional offers, customized quotes, auto-renewal policies, and role-based access controls within a non-custodial architecture. The system has undergone security audits by Spearbit, Cantina, Sherlock, and Obsidian Audits. A bug bounty program is maintained to identify vulnerabilities.

TermMax is a fixed-rate lending and borrowing protocol deployed across multiple blockchain networks including Ethereum, Arbitrum, BNB Chain, Base, and Berachain. The protocol enables users to lend assets such as USDC, WETH, and RLUSD at fixed interest rates. Borrowers can access credit by providing collateral, including yield-bearing tokens like Pendle principal tokens and liquid staking derivatives. The protocol offers leveraged borrowing positions that do not trigger liquidation events, instead requiring upfront premium payments. Cross-chain liquidity is facilitated through integration with LI.FI's DEX aggregator. The system includes Dual Investment Vaults that generate returns through options-based mechanisms involving long and short positions. Additional vault products include real-world asset vaults utilizing tokenized stock instruments and reward vaults that accumulate blockchain-native incentives.

Torches Finance is a decentralized lending and borrowing protocol deployed on the KuCoin Community Chain (KCC). The protocol allows users to supply cryptocurrency assets to earn interest or pledge assets as collateral to borrow other cryptocurrencies. The system operates without KYC requirements. Supported assets include USDT, USDC, ETH, KCS, and sKCS. The protocol also accepts MojitoSwap liquidity provider tokens as collateral, enabling liquidity providers to access additional borrowing capacity. Governance operates through a decentralized autonomous organization (DAO) model. A native point token (TOP) is distributed to users based on supply and borrowing activity. The protocol functions as a lending primitive within the KCC ecosystem.

Vaultedge is a decentralized finance protocol that provides a credit layer for yield-generating vaults. The system allows users to borrow against assets deposited in curated vault strategies. The core mechanism enables collateralized borrowing where collateral continues to generate yield during the loan period, distinguishing it from standard overcollateralized lending protocols that require idle collateral. The protocol is designed for DeFi users and liquidity providers who maintain positions in yield-bearing vaults and require liquidity access without closing those positions. The system operates through a beta interface and integrates with multiple partners including ICHI, Orbs, Origin, SwapX, Linea, and Velvet.

YieldClub is a mobile app that routes user deposits into DeFi lending protocols to generate 5–12% APY on stablecoins, with earnings compounding every 16 seconds and no lockup periods. The app uses Privy for self-custodial wallet management, meaning YieldClub never takes direct custody of funds. A flagship 'Autopilot' feature automatically converts accrued stablecoin yield into Bitcoin at regular intervals, allowing users to accumulate BTC without touching their principal. Onramps include ACH bank transfer, debit card, and USDC/Coinbase transfers, and the app also supports spot trading of BTC, ETH, and XRP. The project raised a $2.5M pre-seed round in June 2025.

Zest Protocol is an on-chain lending and borrowing protocol designed for Bitcoin, operating on the Stacks layer. The protocol enables users to deposit BTC to earn yield or borrow against Bitcoin holdings through open-source smart contracts. The system is built to support native BTC integration via the Stacks Nakamoto upgrade.

Zharta is an on-chain lending protocol that provides fixed-rate loans secured by NFT and tokenized real-world asset collateral. The protocol incorporates Chainlink oracle integrations for collateral valuation. It supports NFT renting functionality alongside standard borrowing mechanisms. A separate institutional product, Lending Pro, offers structured credit services. The protocol serves institutional capital allocators, decentralized autonomous organizations, and NFT holders requiring liquidity without asset liquidation. Participants include market makers, investment funds, and Web3-native organizations.