LendifyLabLendifyLab
Lending & Borrowing

Two sides of the same liquid market.

Lenders earn yield from borrower demand. Borrowers unlock liquidity without selling their assets. Both sides operate under transparent, on-chain rules.

Products

Earn or borrow — your strategy, your terms

Earn

  • • Supply assets to permissionless pools
  • • Choose fixed or variable APY tracks
  • • Withdraw anytime, subject to liquidity
  • • Yield Reserve cushions market stress

Borrow

  • • Deposit collateral above the LTV threshold
  • • Borrow stablecoins or volatile assets
  • • Repay anytime, no early-repayment fees
  • • Liquidations triggered automatically below health factor
Markets

Target market parameters

Projected rates at launch — no live data yet. Actual rates will be driven by real-time utilization.

Pre-launch · estimated parameters
AssetTotal suppliedSupply APYTotal borrowedBorrow APYUtilizationReserveCollateral
USDC—~3.5%—~5.2%—15%
85%
USDT—~3.4%—~5.0%—15%
82%
SOL—~1.4%—~4.8%—15%
75%
mSOL—~1.7%—~5.1%—15%
72%
jitoSOL—~1.8%—~5.2%—15%
70%
JUP—~0.8%—~4.6%—15%
60%
Rate Model

Interest rate curves — kink model

See how borrow and supply rates vary based on utilization. The kink point marks the threshold beyond which rates increase rapidly to protect liquidity.

USDC — Interest Rate Curve
Kink model · Optimal utilization at 80%
Current util
65%
Model Parameters
Base Rate0.5%
Slope 1 (below kink)4.0%
Slope 2 (above kink)60%
Optimal Utilization (kink)80%
Reserve Factor15%
Current Rates
Borrow APY3.75%
Supply APY2.07%
Spread (protocol)0.37%
How it works: Below the kink, rates increase gradually (slope 1). Above the kink, rates rise rapidly (slope 2) to incentivize repayments and protect liquidity.
Lending roadmap

From devnet to public mainnet, step by step.

A realistic, audit-first delivery plan for the lending product on Solana. Dates are best-effort and may shift based on audit and security findings.

  1. Phase 0· Q4 2025
    Shipped

    Research & protocol design

    • Whitepaper v1.0 drafted & peer-reviewed
    • Interest rate model & liquidation engine specified
    • Core team assembled
  2. Phase 1· Q1 2026
    In progress

    Smart contract development

    • Anchor program for supply / borrow / repay / liquidate
    • Internal testnet deployment & stress tests
    • Frontend MVP with mock data
  3. Phase 2· Q2 2026
    Planned

    Token launch & public devnet

    • $LEND Token Generation Event
    • USDC + SOL markets live on Solana devnet
    • Public testnet UI & faucet
  4. Phase 3· Q3 2026
    Planned

    Audits & bug bounty

    • Two independent security audits
    • Public bug bounty program
    • Insurance pool seeded from treasury
  5. Phase 4· Q4 2026
    Planned

    Mainnet beta on Solana

    • Whitelisted launch — capped TVL
    • 6 initial markets (USDC, USDT, SOL, mSOL, jitoSOL, JUP)
    • Governance & veLEND staking live
  6. Phase 5· 2027+
    Exploring

    Cross-chain & RWA

    • Wormhole-bridged collateral from Ethereum & Base
    • Tokenized treasury bills as collateral
    • Mobile app & fiat on-ramps