Best of · Base · Updated
The best CDPs on Base in 2026
We track 10 CDPs that run on Base and have reviewed 8 of them in full. Our top pick is Parallel Protocol V3. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Parallel Protocol V3
CDPs · Hyperliquid L1, Base, Ethereum +2
Parallel Protocol V3 lets you mint and hold USDp, then put it into sUSDp savings. Its advertised zero-fee routes and headline yield are appealing, but check the collateral, changing APY and contract risks before depositing.
ScoreScore 6.2 out of 10TVL $851K−1.2% - 2
LiquidLoans
CDPs · Pulse, Base
LiquidLoans lets you lock ETH or PLS on Base or PulseChain to mint USDL without interest or scheduled repayments. The trade-off is liquidation risk, and key costs and audit details need checking before you borrow.
ScoreScore 5.8 out of 10TVL $1.91M−6.7% - 3
QiDao
CDPs · Polygon, Base, Ethereum +11
QiDao lets you borrow MAI against crypto collateral without selling it. The stated 0% interest is only part of the cost: check collateral, liquidation and transaction terms before borrowing.
ScoreScore 5.3 out of 10TVL $2.10M−1.7% - 4
Vaultedge
CDPs · Base, Plasma
Vaultedge lets you borrow its USDVE stablecoin against yield-generating collateral vaults. The core idea is clear, but check the fee, liquidation rules and vault risks before depositing.
ScoreScore 5.2 out of 10TVL $141K−0.3% - 5
Decentralized Euro
CDPs · Ethereum, Polygon, Arbitrum +2
dEURO is a euro-pegged stablecoin backed by crypto collateral, with lending, savings and protocol-share features. Check the risks and current savings terms before depositing.
ScoreScore 5.0 out of 10TVL $1.10M+2.0% - 6
Reservoir Protocol
CDPs · Monad, Ethereum, Plasma +14
Reservoir is a DeFi stablecoin protocol with rUSD and yield-oriented assets, but its fees, redemption terms and collateral details are unclear. Treat it as a higher-risk option until you verify those terms before using it.
ScoreScore 4.5 out of 10TVL $89.8M+20.6% - 7
BTCFi CDP
CDPs · Bitcoin, Base, Core
BTCFi is a Bitcoin-collateralized CDP for minting BtcUSD. Its core idea is clear, but check supported collateral, fees and risk controls before depositing.
ScoreScore 4.5 out of 10TVL $6.73M−2.5% - 8
Button Wrappers
CDPs · Base, Ethereum, Avalanche +1
Buttonwood’s app offers a USDX rollover vault that routes deposits into lending pools. The basic flow is clear, but fees, audits and custody details are not, so check the pool terms before depositing.
ScoreScore 3.0 out of 10TVL $26.6K−0.9% - 9
River Omni-CDP
CDPs · BNB Chain, BSquared, Ethereum +9
River is a cross-chain collateral and stablecoin protocol built around satUSD. Its basic purpose is clear, but key details about fees, collateral, audits and safe use are missing, so you should verify them before committing funds.
ScoreNot rated yetTVL $74.7M−2.5% - 10
Preon Finance
CDPs · Arbitrum, Polygon, Base
Preon Finance is a crypto-backed borrowing protocol that issues STAR, but key details about costs, audits and getting started are unclear.
ScoreNot rated yetTVL $211K−1.1%
CDPs on Base: the numbers
- Tracked
- 10
- Reviewed
- 10
- Total TVL
- $178M
- Avg. score
- 4.9/10
There are 10 CDPs on Base in the SkyBitcoins index. Every one of them has a full review. Together they hold $178M in total value locked, counting value on every chain they support. Reservoir Protocol dominates, with 51% of that total. The five largest make up 99% of the total; the median is $1.10M.
Ranked by TVL, Reservoir Protocol ($89.8M), River Omni-CDP ($74.7M) and BTCFi CDP ($6.73M) lead the field. The best-rated is Parallel Protocol V3 with 6.2/10, followed by LiquidLoans (5.8) and QiDao (5.3). The 8 rated CDPs average 4.9/10, and none scores 8 or above yet.
Many also deploy elsewhere, most often on Ethereum (6), Arbitrum (6) and Avalanche (3). All 10 with a confirmed status are active. Over the last seven days, combined TVL rose 7.9%. Reservoir Protocol gained the most (+20.6%), while LiquidLoans dropped the most (−6.7%).
Largest by TVL
- 1
Reservoir Protocol$89.8M
- 2
River Omni-CDP$74.7M
- 3
BTCFi CDP$6.73M
- 4
QiDao$2.10M
- 5
LiquidLoans$1.91M
Highest rated
- 1
Parallel Protocol V36.2
- 2
- 3
- 4
Vaultedge5.2
- 5
Decentralized Euro5.0
Method
How we ranked them
Reviewed dApps come first. Each SkyBitcoins review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.
Guides
Related guides
Blockchain
How to Use Base: A Practical Guide for 2026Base is an Ethereum Layer 2 that lets you use compatible wallets and apps with ETH for gas. Learn how to set up a wallet, move funds, estimate costs and avoid common risks.
Frequently asked questions
What is the largest CDP on Base by TVL?
Reservoir Protocol is the largest CDP on Base by total value locked, with $89.8M across all the chains it supports. It is followed by River Omni-CDP ($74.7M) and BTCFi CDP ($6.73M). TVL figures come from DefiLlama and change daily.
Which CDP on Base has the highest SkyBitcoins score?
Parallel Protocol V3 has the highest score at 6.2/10, ahead of LiquidLoans (5.8) and QiDao (5.3). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many CDPs on Base has SkyBitcoins reviewed?
SkyBitcoins tracks 10 CDPs on Base. Of these, 10 have a full review and 10 report value locked, $178M in total, counting value on every chain they support.
Which CDPs on Base grew the most this week?
Among CDPs with at least $1M locked, Reservoir Protocol had the biggest 7-day TVL gain (+20.6%) and LiquidLoans the biggest drop (−6.7%). Combined TVL moved +7.9% over the same seven days.
What is the average score for CDPs on Base?
The 8 rated CDPs on Base average 4.9 out of 10. Of these, 0 score 8 or higher and 3 score below 5.