Solend

Solend

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TVL: $236M

Solend


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.

Funding Rounds

Funding Round: ICO
Funding Date: 3 Nov, 2021
Raised Amount: $26M

Funding Round: Seed
Funding Date: 1 Oct, 2021
Raised Amount: $6.5M

Investors