Lendle operated a permissionless DeFi money market on Mantle, allowing users to lend and borrow cryptocurrencies through pooled and isolated markets, earn yield, and interact with protocol governance and the $LEND token. Its documentation describes over-collateralized loans, revenue redistribution, vault allocators, liquidations, flash loans, and real-yield rewards. The website currently announces that Lendle is winding down, with the remaining treasury distributed to eligible $LEND holders in a final airdrop.
