Crypto Lending Platforms

Honest reviews with risk assessments, rate comparisons, and feature breakdowns.

Aave

Risk: 3/10
DeFi Protocol

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

Lend

1-8% APY

Borrow

2-12% APR

Max LTV

80%

Centrifuge

Risk: 5/10
RWA / Tokenization

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

Lend

4-10% APY

Borrow

6-12% APR

Max LTV

Varies by asset

CoinRabbit

Risk: 6/10
CeFi Platform

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

Lend

N/A

Borrow

10-17% APR

Max LTV

80%

Compound

Risk: 3/10
DeFi Protocol

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

Lend

1-6% APY

Borrow

2-10% APR

Max LTV

83%

Figure Technologies

Risk: 3/10
RWA / Tokenization

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.

Lend

N/A (originator)

Borrow

7-15% APR (HELOC)

Max LTV

95%

Goldfinch

Risk: 7/10
RWA / Tokenization

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.

Lend

7-12% APY

Borrow

10-15% APR

Max LTV

Based on off-chain collateral

Ledn

Risk: 4/10
CeFi Platform

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

Lend

1-4% APY

Borrow

9.9-12.4% APR

Max LTV

50%

MakerDAO

Risk: 3/10
DeFi Protocol

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

Lend

3-8% APY (DSR)

Borrow

3-8% APR

Max LTV

67%

Maple Finance

Risk: 6/10
DeFi Protocol

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

Lend

6-15% APY

Borrow

Negotiated (institutional)

Max LTV

Undercollateralized

Morpho

Risk: 4/10
DeFi Protocol

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.

Lend

2-10% APY

Borrow

1-8% APR

Max LTV

Matches underlying protocol

Nexo

Risk: 4/10
CeFi Platform

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

Lend

4-16% APY

Borrow

2.9-13.9% APR

Max LTV

90%

Ondo Finance

Risk: 2/10
RWA / Tokenization

Institutional-grade tokenized securities platform. Offers tokenized US Treasuries (OUSG) and money market funds with ~60% market share in tokenized equities.

Lend

4-5.5% APY (OUSG)

Borrow

N/A (yield product)

Max LTV

N/A

Securitize

Risk: 2/10
RWA / Tokenization

The leading tokenization infrastructure platform for institutional asset managers. Powers BlackRock BUIDL, KKR, and Apollo tokenized funds with $4.6B+ in tokenized AUM.

Lend

Varies by fund

Borrow

N/A (infrastructure)

Max LTV

N/A

Spark Protocol

Risk: 3/10
DeFi Protocol

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.

Lend

5-8% APY (DSR)

Borrow

5-8% APR

Max LTV

80%

TrueFi

Risk: 7/10
DeFi Protocol

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

Lend

6-12% APY

Borrow

Negotiated

Max LTV

Uncollateralized

Disclaimer: Platform reviews may contain affiliate links. Crypto lending involves significant risk — you may lose some or all of your assets. Risk scores are our editorial assessment and not a guarantee. Always do your own research.