Stellar Lending & Borrowing

Blend

Blend is a lending and borrowing protocol (money market) on Stellar Soroban. Anyone can deploy permissionless, isolated lending pools where suppliers earn yield (interest/APY) by depositing assets like USDC, XLM and EURC, and borrowers take over-collateralized loans. It is the base lending and yield primitive other Stellar DeFi apps build on.

Templar Protocol

Templar is a decentralized 'cypher lending' protocol that lets Stellar users borrow USDC against XLM collateral directly from their Stellar wallets, without bridges or wrapped tokens. It uses NEAR's multi-party-computation (MPC) network and Chain Signatures to custody deposits and settle cross-chain. On Stellar the collateral asset is XLM; Bitcoin-collateral and Ethereum/NEAR markets exist on its other deployments. The Stellar integration was announced November 2025.

Vanna Finance

Vanna is building DeFAI's 1st Proprietary Trading Protocol using Composable Leverage & Chain Abstraction to let users Borrow upto 10x capital, trade borrowed capital on aggregated leveraged Derivatives & spot markets, earn leveraged yields across DeFi protocols & optimise risk exposure of delta-neutral strategies with sophisticated risk-management tools like Greeks.

Untangled

Untangled Vault is an automated, non-custodial, data-driven asset management protocol enabling anyone to set and execute strategies to fit investor risk/return appetite. Untangled Vault is powered by Untangled pool, an asset tokenization protocol focusing on RWA private credits and Credio, a risk oracle providing machine learning model inferences and onchain monitoring to RWA.

Mystic

Mystic is building a lending market for RWAs, which lets borrowers take out stablecoins using their tokenized real-world assets.

Laina

Low-fee, trustless lending protocol on Soroban with looping functionality, enabling leveraged yield strategies on Stellar.

CoopStable v2 - Yield sharing stablecoin

Yield-sharing stablecoin protocol on Stellar that distributes DeFi returns to holders through a cooperative model, funding solidarity-based community initiatives.

XycLoans

XycLoans is a decentralized flash loans protocol that runs on Soroban. It manages its own liquidity being structured in liquidity pools for each supported token. Borrowers can borrow from these pools any available amount through flash loans and lenders can provide liquidity to earn healthy and risk-free yields (as flash loans never lose liquidity by design). XycLoans is a flash loans-only protocol, making it extremely safe in terms of security and investment opportunities.

Yieldblox

YieldBlox is a DAO-managed money-market protocol on Stellar, built on the Blend Protocol with Soroban governance for lending and borrowing digital assets. In February 2026 one of its Blend lending pools was drained of roughly $10.8M via oracle manipulation: an attacker inflated an illiquid USTRY market on the Stellar DEX (the Reflector oracle source) to borrow out the pool's reserves. Root cause was a pool-operator oracle misconfiguration, not a Blend core flaw; ~$7.2M was frozen by Stellar validators.

Lumen Later

Lumen Later is a Soroban-based BNPL protocol on Stellar. It offers over-collateralized, instant credit with a 14-day interest-free period, automated fee distribution, liquidation, and real-time solvency checks, built for scalable DeFi lending.

Legasi

On-chain Lombard lending infrastructure on Stellar, enabling collateralized borrowing against tokenized real-world assets.

Lantern

Lantern Finance is a platform offering crypto-backed loans and staking services.

Airswift

Airswift's Supply Chain Financing Platform uses Stellar's Soroban to tokenize and fractionalize account receivables, enabling suppliers to access advanced stablecoin loans and optimize working capital.

Bondhive

Bond Hive simplifies on-chain savings, offering fixed returns by tokenizing funding fees, making complex futures easy for everyone.

HiYield

HiYield is building key components of onchain capital markets infrastructure to bolster liquidity. Our initial products include a tokenization protocol and a custom-built lending market ideal for onchain repurchase agreements and fixed-income collateral types.

YieldBack.Cash

YieldBack.Cash is a system that creates coupon bonds backed by Blend pools. Users are guaranteed fixed income from a coupon deposited by a sponsor while the sponsor earns the pool interest rate. This is a capital efficient way to guarantee stickier TVL for the Blend protocol and guarantee users fixed income.

Peridot Finance

Cross-chain lending and borrowing protocol on Stellar, enabling users to supply and borrow assets across multiple blockchains.

HedgePay

DeFi yield platform on Stellar offering simplified access to lending, staking, and liquidity provision strategies for everyday users.

Alula

Alula is a lending protocol with looping functionality on Stellar. It relies on the network's low-cost transactions and efficient Soroban platform to deliver best-in-class service to its users, diversifying the DeFi ecosystem.

Trilobyte

Trilobyte is a Cash Flow Financing Protocol.

Indentura

On-chain credit infrastructure on Stellar, rebuilding trade credit and receivables financing with programmable, transparent settlement.

Crebit

Rate-lock financial protocol on Stellar.

For Yield

For Yield is building one of the first French MiCA-regulated DeFi yield products on Stellar. PSCA dossier filed with AMF April 2026, agrement targeted October 2026. EP simplifie license (ACPR L.522-11-1 CMF) filed in parallel; dual-licence setup unique in France. 50 HNW clients, ~€7-8M AUM. Why Stellar wins: 1 Regulated EU access layer Soroban DeFi lacks, routing EU capital into Blend v2, Aquarius, Soroswap via DeFindex (all on SCF Integration List). 2 EURC-first: deposits, fees, redemptions in EURC, driving Circle's Stellar adoption (aligned with SDF's 2026 EU push). 3 €25M Y1 to €100M Y3 of regulated EU capital (AMF-validated plan, profitable Y1 in every stress scenario). 4 Three open-source Soroban primitives (YieldVault, Performance Fee Module, EURC SAC wrapper) any EU operator can fork. 5 Built on 7 SCF Integration List components (DeFindex, Blend v2, Aquarius, Soroswap, Allbridge, DFNS, Stellar Wallets Kit), no new dependency. Distribution Day 1: 35,000+ subscribers via Crypto & Macro (Saturnin Paulet's Swiss media) and signed LOIs with French wealth managers (May 2026).

DeFa by InvoiceMate

DeFa by InvoiceMate is on-chain Liquidity-as-a-Service infrastructure that tokenizes verified trade receivables and payment settlements, letting stablecoin liquidity finance real-world economic activity (invoice financing, PayFi settlement, growth capital). Private mainnet is live with gated early access; Stellar is its primary deployment (~$4M TVL on Stellar as of 2026-07-16 per DefiLlama).