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Solend
Solend is a decentralized lending and borrowing protocol built on the Solana blockchain. It enables users to earn interest on their supplied assets and borrow other assets against them. The platform emphasizes speed, low transaction fees, and scalability, offering a large selection of assets for its DeFi services.
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Description
Solend is a decentralized, autonomous interest rate machine for lending on the Solana blockchain. It allows users to earn interest and borrow from a wide range of assets, currently listing 136 assets across 29 pools. The platform positions itself as the fastest, lowest fee, and most scalable DeFi lending protocol. It supports a vast array of cryptocurrencies and tokens, including various forms of staked SOL, stablecoins like USDC and USDT, and numerous meme coins and other digital assets. Solend is backed by prominent investors in the crypto space such as Dragonfly, Polychain Capital, Coinbase Ventures, and Solana Ventures.Grant Funding
VC Funding
None
2021
$0
$33M