zkLend is a Layer 2 money-market protocol built on StarkNet, utilizing zero-knowledge rollups to ensure secure and private transactions while maintaining Ethereum's security. It provides decentralized lending and borrowing solutions for both retail and institutional users, addressing the need for efficient capital allocation and risk management in the DeFi space.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Decentralized finance (DeFi) users and institutions face challenges in efficiently allocating capital and managing risk within the Layer 2 ecosystem. Current lending protocols often lack the security, compliance, and privacy required for institutional adoption, hindering efficient decentralized lending and borrowing.
Solution
zkLend is a Layer 2 money-market protocol built on StarkNet that utilizes zero-knowledge rollups to provide secure and private decentralized lending and borrowing solutions. It offers separate applications tailored for DeFi users and institutional clients, addressing the specific needs of each segment. The platform enables users to deposit, borrow, and lend a range of assets, benefiting from competitive yields based on real-time supply and demand. zkLend employs a robust risk assessment framework to minimize spillover effects and leverages validity proofs for secure and scalable transactions.
Target Audience
zkLend targets both DeFi users seeking efficient and decentralized lending options and institutions requiring secure, compliant, and private access to DeFi markets.
Features
- Permissionless lending and borrowing for DeFi users with a range of supported assets
- Institutional-grade access with KYC and compliance features for approved institutions
- Under-collateralized loan structures secured by on-chain collateral and off-chain recourse for institutions
- Capital efficiency through multilateral liquidity sources from both DeFi retail and institutional participants
- Customizable loan terms with floating/fixed rates, LTV, and repayment schedules
- Integration with Pragma oracles for secure and trusted price feeds
- Support for secure and private transactions using zero-knowledge rollups on StarkNet
- Contracts written in Cairo 1.0 for enhanced security and feature set