Crypto Lending Platforms

The largest DeFi lending protocol by TVL. Permissionless, overcollateralized lending and borrowing across multiple blockchains with flash loans and rate switching.

First conforming (Fannie Mae-eligible) crypto-backed mortgage. Pledge BTC or USDC as down payment collateral without selling. Originated by Better, custody by Coinbase.

Leading RWA tokenization protocol connecting real-world assets to DeFi. Enables businesses to tokenize invoices, real estate, and trade receivables as collateral.

No-KYC crypto lending platform offering instant loans without credit checks or identity verification. Simple interface with 70+ supported cryptocurrencies.

Pioneer DeFi lending protocol known for algorithmic interest rates and the COMP governance token. Compound V3 (Comet) focuses on single-asset lending markets.

The #1 non-bank HELOC lender in the US, originating $21B+ on the Provenance Blockchain. IPO at $7.6B valuation — the bridge between traditional mortgage lending and blockchain.

DeFi credit protocol for loans backed by real-world collateral. Provides crypto capital to lending businesses in emerging markets without requiring crypto collateral from borrowers.

Bitcoin-focused CeFi lender offering BTC-backed loans and savings accounts. Known for transparency with proof-of-reserves attestations by Armanino.

The protocol behind DAI, the largest decentralized stablecoin. Users deposit collateral into Vaults to mint DAI — effectively borrowing against crypto assets.

Institutional DeFi lending protocol enabling undercollateralized loans to vetted corporate borrowers. Leading on-chain private credit market.

Crypto mortgage specialist offering up to 100% financing with BTC or ETH collateral. Non-QM loans up to $25M. Over $100M originated as of February 2026.

DeFi lending optimizer that sits on top of Aave and Compound, matching lenders and borrowers peer-to-peer for better rates while maintaining the same liquidity guarantees.

Leading CeFi lending platform offering instant crypto-backed loans and interest-earning accounts. Licensed and regulated with insurance coverage on custodied assets.

Leading crypto-native tokenized Treasuries platform. OUSG ($1.1B+ TVL) and USDY yield-bearing stablecoin. Full regulatory stack with SEC-registered BD, ATS, and Transfer Agent.

The regulated infrastructure layer powering BlackRock's BUIDL fund ($2.8B). SEC-registered Transfer Agent, Broker-Dealer, and ATS. Going public (SECZ). $3.6B+ in tokenized RWAs.

MakerDAO-affiliated lending protocol offering DAI borrowing with competitive rates. Features the Dai Savings Rate (DSR) and acts as the primary distribution channel for DAI.

On-chain credit protocol for uncollateralized lending to vetted institutional borrowers. Backed by Archblock (formerly TrustToken), with portfolio management tools.