Lending & Yield Companies

Echelon Market is a non-custodial lending and borrowing protocol built on the Move blockchain ecosystem. The protocol allows users to deposit assets to generate yield and borrow assets to access liquidity through capital-efficient markets with risk optimization features. The architecture includes modular isolated markets that segregate risk by asset type. The protocol implements asset-specific efficiency mode (e-mode) to enable increased leverage ratios for correlated assets. A fixed-yield product tokenizes yield-bearing assets, allowing these tokens to function as composable collateral within the protocol. Key integrations include connections with Ethena Labs, PancakeSwap, LayerZero, Wormhole, and Pyth for cross-chain functionality and price feeds.

Enclabs Protocol is a lending and borrowing platform. The protocol enables users to supply and borrow cryptocurrency assets through core and isolated liquidity pools. Supported collateral types include yield-bearing stablecoins, liquid-staked assets, and Spectra PT tokens, with loan-to-value ratios configured per asset class. The platform comprises a main markets interface for standard lending and borrowing, isolated pools designed for higher-risk assets, a rewards module for incentivizing participation, and a vote-escrowed governance token called veTrevee that facilitates protocol governance. The system is designed to serve decentralized finance users on the Sonic network seeking access to lending and borrowing functionality.

EthicHub is a blockchain-based platform that facilitates credit provision between smallholder farmers in emerging markets and global lenders. The platform operates through tokenized lending pools and blended finance structures designed to fund agricultural crop cycles. Lenders participate by providing capital to these pools and receive returns, while borrowers access working capital at specified rates. The system incorporates market access components that enable farmers to sell agricultural produce, with proceeds directed toward loan repayment. This mechanism is designed to reduce default risk by linking repayment capacity directly to sales activity. The platform combines decentralized finance mechanisms with impact-oriented lending practices, targeting agricultural communities with limited access to traditional financial services.

Fenynx is a fintech company providing crypto-collateralized lending infrastructure. The platform enables borrowers to access credit using Bitcoin, stablecoins, or tokenized assets as collateral. Core technical components include real-time loan-to-value monitoring, automated collateral rebalancing mechanisms, and multi-exchange connectivity. The system processes fund disbursement in stablecoin or Brazilian real through integrated settlement channels. Fenynx offers a white-label infrastructure layer delivered via API and SDK, allowing third-party financial institutions, payment service providers, exchanges, and enterprise resource planning systems to integrate crypto-backed credit and tokenization services. This approach eliminates the need for partners to develop independent custody infrastructure or risk management systems. The platform integrates with established cryptocurrency and financial service providers.

Fira Protocol is an on-chain fixed-rate lending and borrowing protocol deployed on Ethereum. It enables users to lock in predetermined interest rates across defined maturities rather than using floating-rate markets. The protocol uses coupon tokens to create permissionless fixed-rate and variable-rate vaults with terms ranging from 30 to 120 days. It includes a Flex Mode option that provides instant exit functionality for liquidity providers. The protocol serves DeFi users, treasury managers, and structured-product builders requiring predictable borrowing costs and yield outcomes. Use cases include cash-and-carry trades and delta-neutral yield positions. Fira functions as infrastructure for an on-chain yield curve that other protocols can compose into vaults or structured products. Smart contracts have undergone six independent security audits and the protocol operates a bug bounty program.

GAIB is an infrastructure financing firm that originates, underwrites, and manages debt facilities secured by enterprise-grade GPUs and data center assets. The firm's primary on-chain product is AID, a synthetic dollar backed by US Treasuries. Users can stake AID to mint sAID, a yield-bearing token that represents a share in GAIB's GPU financing portfolio. The firm operates across multiple verticals within the AI infrastructure sector, including compute brokerage, GPU rental, and robotics financing. Its business model spans debt origination, asset management, and compute services within the AI infrastructure value chain.

Granite is a Bitcoin-collateralized lending protocol designed to facilitate the borrowing of stablecoins against deposited Bitcoin. The system is built on the Stacks blockchain and utilizes a decentralized bridge to connect native Bitcoin to decentralized finance applications without rehypothecating the underlying collateral. This architecture ensures that user assets remain secure and verifiable on-chain.

HashHub Lending is a cryptocurrency lending service operated by SBI Digital Finance Inc., a subsidiary of the SBI Group. The platform enables users to deposit BTC, ETH, DAI, and USDC and receive monthly interest payments on their holdings. Deposited assets are deployed across arbitrage, lending, staking, and decentralized finance strategies to generate returns. Interest accrues monthly and is automatically compounded into the principal balance on the first day of each month. The service implements security measures including BitGo custody for asset storage, two-factor authentication for account access, whitelist-only withdrawal functionality, and multi-signature protocols for fund management. Users must complete know-your-customer verification to open accounts. Withdrawal requests are subject to a lock-up period that extends through the second month-end following the request date. The platform is designed for retail investors in Japan seeking yield on cryptocurrency holdings.

Hastra is a decentralized finance protocol deployed on Solana with planned expansion to Ethereum EVM chains. The protocol tokenizes real-world assets, specifically home equity lines of credit and consumer auto loans originated through Figure's lending marketplace, into on-chain yield-bearing products. The protocol operates three primary tokens. wYLDS is a liquid, transferable yield token backed by real-world assets. PRIME is a liquid staking token obtained by staking wYLDS, which generates yield from Figure HELOC pools. AUTO is a forthcoming token designed to provide yield backed by consumer auto loans structured as AAA-rated securitizations and originated through Agora, Figure's marketplace. The architecture integrates with Kamino Finance to enable leveraged looping strategies. The protocol functions as a bridge connecting institutional traditional finance lending pools with decentralized finance composability. Signum Ltd operates the protocol.

Hyperdrive is a stablecoin money market and yield protocol deployed on the Hyperliquid blockchain. The protocol facilitates lending and borrowing operations against supported assets including USDC, USDe, and HYPE. Its architecture comprises three primary components: a money market mechanism enabling stablecoin supply and borrowing, a liquid staking token system for HYPE, and collateral functionality for HLP (Hyperliquid's liquidity provider token) that permits its use as collateral or for leverage purposes. The protocol offers yield strategies through a simplified user interface, enabling passive income generation on the Hyperliquid network. The system has been audited by Enigma Dark, Bail Security, and Obsidian Audits.

HypurrFi is a decentralized finance lending and borrowing protocol deployed on Hyperliquid's EVM environment. The protocol allows users to supply cryptocurrency assets as collateral and borrow stablecoins, including USDC, USDH, and USDXL. The system operates multiple market types designated as Pooled, Prime, Yield, and Scale, each with distinct loan-to-value ratios and interest rate structures. The protocol includes yield vaults that incorporate risk management frameworks. A cross-market arbitrage tool identifies spread opportunities across the protocol's lending pools. An integrated token-swap interface enables on-chain trading on HyperEVM. The protocol also offers a crypto-backed virtual card feature that permits users to spend fiat currency without liquidating their cryptocurrency holdings. The system is designed for use on the Hyperliquid network.

Infinity Exchange is a blockchain-based DeFi protocol that provides permissionless lending, borrowing, and trading functionality for digital assets. The protocol serves both institutional and retail participants through a system designed around interest rate mechanisms to facilitate cash flow management and market stabilization. The architecture includes a testnet deployment and mainnet infrastructure. The protocol operates as a money market system, enabling users to engage in lending and borrowing activities without permission requirements.

IZAKA-YA is a cryptocurrency lending and swap platform offering Japanese-language services. The platform enables users to deposit cryptocurrencies and receive daily interest payments, with a minimum lock-up period of one day. The platform operates a swap mechanism for exchanging major cryptocurrencies with low transaction fees and supports fiat-to-crypto purchases via Visa and Mastercard credit cards. The system issues a native token, IZKY, which is listed on cryptocurrency exchanges. The platform includes a referral mechanism that distributes rewards to existing users who direct new lenders to the service. The architecture is designed to serve retail users seeking passive income generation on cryptocurrency holdings through deposit-based yield mechanisms rather than active trading strategies.

Jigsaw is a decentralized lending protocol that enables users to deposit cryptocurrency assets as collateral into a personal vault and borrow jUSD, a native stablecoin, against that collateral. The protocol charges a borrow fee ranging from 0 to 5 percent. The core architectural feature is dynamic collateral, which allows deposited assets to generate yield through deployment into whitelisted yield farms and supported protocols while simultaneously serving as loan collateral. Supported collateral assets include USDC, USDT, WBTC, WETH, wstETH, weETH, and yield-bearing stablecoins. The protocol provides collateral swap functionality across supported assets and enables cross-chain bridging of accrued rewards. The system is designed to serve users seeking to optimize capital efficiency while maintaining direct control over collateral assets.

Kea is a decentralised on-chain private credit protocol headquartered in Nicosia, Cyprus, that enables lenders to deploy capital into pools backed by real-world business assets such as invoices and inventory. The platform tokenises those assets into blockchain-verifiable instruments and applies an AI-powered risk engine called KeaFi to score borrower creditworthiness, replacing manual underwriting with data-driven assessment. Borrowers are primarily SMEs seeking accessible business financing, while lenders are institutions and individuals seeking risk-adjusted yield from real-world credit exposure. The protocol uses a dual-token model to govern lending protection and pool mechanics, and operates a live dApp at app.kea.credit for lenders and underwriters.

Lantern Finance is a centralized lending platform that issues USD loans collateralized by cryptocurrency assets. The service targets borrowers seeking liquidity while retaining their crypto holdings. Loans are offered at loan-to-value ratios up to 50 percent on 12-month terms without credit verification requirements. Borrowers may receive disbursements as USD transfers to bank accounts or as USDC on the Ethereum or Solana blockchains. Crypto collateral is held in cold storage custody through BitGo with insurance coverage. The company operates as a registered Money Services Business with FinCEN and enforces know-your-customer and anti-money-laundering compliance procedures. The entity is registered in Nevada.

LayerBank is an on-chain money market protocol that operates across multiple Layer 1 and Layer 2 blockchain networks. The protocol enables users to lend and borrow crypto assets in a non-custodial environment. Its architecture is chain-agnostic, facilitating cross-chain lending and liquidity provision without requiring manual asset bridging. The protocol implements a veTokenomics model combined with a boosted lending mechanism designed to align incentives for liquidity providers and borrowers. Core components include smart contracts audited by PeckShield and governance structures operated under the LayerBank Foundation. The protocol targets users seeking yield on idle assets and borrowers operating across multiple blockchain ecosystems, with integration into networks including Rootstock.

Lend Finance is a decentralized finance protocol that enables lending and borrowing of cryptocurrency assets across multiple blockchains, including Ethereum, Base, Sonic, and Monad. Users can deposit crypto assets to earn interest or borrow against collateral. The protocol uses LayerZero for cross-chain messaging to facilitate transactions across supported networks. The system includes a simplified user interface designed to streamline leveraged yield strategies, such as ETH looping. The protocol operates a native LEND token, which entitles holders to a portion of platform fees denominated in stablecoins and major assets including USDC, USDT, DAI, and WETH. The platform is currently operating in testnet phase on Base Sepolia.

Libre is a non-custodial Bitcoin lending protocol that facilitates the borrowing of USDT against Bitcoin collateral and provides yield opportunities for stablecoin lenders. The protocol’s architecture is built on a decentralized framework utilizing multi-party computation (MPC) and threshold signature scheme (TSS) cryptography. This design ensures that collateral is secured through a distributed network of key shares, eliminating the need for central custodians or single points of failure while allowing users to maintain control over their assets.

Liquidium is a non-custodial, cross-chain lending protocol that allows users to borrow USDT on Ethereum using native Bitcoin as collateral, without requiring asset bridging. The protocol is built on the Internet Computer Protocol (ICP), using ICP canisters to facilitate trustless cross-chain loan execution, and has undergone a security review by Trail of Bits. It targets Bitcoin holders who want to unlock liquidity, earn yield by supplying BTC, or leverage their holdings without triggering taxable sale events. Liquidium positions itself as Bitcoin's largest native lending protocol, with plans to extend collateral support to Ethereum and Solana assets.

LTV Protocol is a decentralized finance protocol that issues leveraged tokenized vaults conforming to the ERC-4626 standard. The protocol enables users to obtain automatically rebalanced leveraged exposure to yield-bearing assets such as wstETH without requiring manual position management. The core mechanism maintains a constant target loan-to-value ratio through permissionless, incentive-driven auctions that continuously adjust the collateral-to-borrow ratio following each deposit or withdrawal event. The protocol architecture is designed to function with any collateral token, any borrow token, and any underlying lending protocol, providing composability across the decentralized finance ecosystem. Users interact with the protocol to obtain amplified yields on liquid staking tokens and similar assets while avoiding the operational complexity associated with managing leveraged positions directly on lending platforms.

Lygos Finance is a non-custodial Bitcoin-backed lending platform that allows holders to borrow USD liquidity against their BTC without selling or relinquishing custody. The platform uses Discreet Log Contracts (DLCs), a native Bitcoin Layer 1 cryptographic mechanism, to lock collateral in a co-signed contract that neither Lygos nor the lender can unilaterally move. All loan outcomes, including repayment, liquidation, and lender default, are defined and enforced on-chain, making rehypothecation structurally impossible. The product targets Bitcoin holders seeking liquidity while avoiding the counterparty risks associated with custodial crypto lenders; the team includes alumni from Anchorage Digital, LedgerX, Atomic Finance, JPMorgan Chase, and Starkware.

Milo is a US-based lender that allows cryptocurrency holders to use Bitcoin or Ethereum as collateral to obtain real estate mortgages and cash loans without selling their digital assets. Its core product line includes a crypto-backed mortgage (financing up to 100% of a home purchase), a self-custody mortgage (where borrowers retain control of their crypto throughout the loan term with no margin calls), and a crypto loan providing same-day cash access. Collateral custody is handled through BitGo and Coinbase with no rehypothecation, positioning the platform as a regulated, institutional-grade alternative to on-chain lending protocols. The service targets crypto-native individuals who hold significant digital asset wealth but want to access traditional real estate financing without triggering taxable liquidation events.

MORE Markets is a decentralized finance platform that provides tokenized earn accounts denominated in multiple cryptocurrency assets including XRP, BTC, ETH, and NEAR. The platform functions as a tokenized strategy launchpad, aggregating yield from multiple sources such as blockchain staking, decentralized finance protocols, and tokenized real-world asset strategies including commodities. These yield sources are packaged into accessible earn products for retail users. The platform operates on the Flow blockchain.