zkLend
Powering Your DeFi Journey with Security and Simplicity
Last updated
Powering Your DeFi Journey with Security and Simplicity
Last updated
Money markets have been a crucial component of financial systems since the Middle Ages, providing short-term funding and liquidity to banks, governments, and corporations. Today, money markets facilitate an estimated $3.2 trillion in daily transactions in the global financial system, making them critical for short-term funding needs. In the context of DeFi, money markets play an essential role in activities such as lending, borrowing, and liquidity provision.
Our objective at zkLend is to offer a straightforward, secure, and efficient money-market platform for users' liquidity needs. zkLend is a permissionless lending market designed specifically for retail users. Users can deposit and borrow digital assets through their wallets anytime. Those who deposit digital assets into the protocol can earn a yield derived from interest paid by other users borrowing these deposited assets. At the same time, users can enable these deposited assets as collaterals to borrow other assets.
zkLend Alpha is now on mainnet. Contracts have been fully audited by and as well as formally specified by Nethermind since April 2023.
With our focus on user experience, safety, and our commitment to leveraging the latest blockchain technology, we believe that zkLend is poised to become a leading platform in the DeFi space. Welcome!
At zkLend, we believe that zk-rollups represent the future of Ethereum scalability. By leveraging Starknet's L2 solution, we combine the benefits of zk-rollup technology with the security and decentralisation of Ethereum.
Starknet is one of the first general purpose zk-rollup solutions out there, offering superior transaction speed, low transaction cost and bleeding-edge blockchain innovations compared to traditional L1 networks. Starknet enables key innovations such as native account abstraction, trustless bridging, parallelization and recursive proving. With StarkWare and the founding team's strong track record of building robust products such as ZCash and StarkEx, Starknet is the perfect future-proof platform to power zkLend. We are thrilled to be at the forefront of this new technology.