Best of · Monad · Updated
The best Lending dApps on Monad in 2026
We track 11 Lending dApps that run on Monad and have reviewed 10 of them in full. Our top pick is Aave V3. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Aave V3
Lending · Ethereum, Base, Arbitrum +18
Aave V3 lets you supply crypto to earn variable interest or borrow against collateral across multiple networks. It is non-custodial, but smart-contract, market and liquidation risks remain.
ScoreScore 7.6 out of 10TVL $15.8B+3.4% - 2
Euler V2
Lending · Monad, Ethereum, Base +13
Euler V2 is a modular crypto lending platform where you can supply assets, borrow against collateral or launch lending markets. Market terms and risks vary, so check the specific vault and its costs before depositing.
ScoreScore 7.1 out of 10TVL $267M−0.9% - 3
Morpho Blue
Lending · Ethereum, Base, Robinhood Chain +41
Morpho Blue lets you lend and borrow through onchain markets, or deposit into curated vaults. It is non-custodial, but smart-contract, oracle and liquidation risks can put your funds at risk.
ScoreScore 7.0 out of 10TVL $10.9B−0.4% - 4
Gearbox
Lending · Ethereum, Etherlink, Monad +8
Gearbox offers on-chain lending, leverage and credit products, including infrastructure for tokenised assets. It may suit DeFi users and institutions, but check the product’s fees, eligibility rules and risk terms before committing funds.
ScoreScore 5.8 out of 10TVL $22.1M−3.7% - 5
Curvance
Lending · Monad
Curvance is a Monad lending app for depositing crypto, earning yield and borrowing against collateral. Its market rates and key security details need checking before you deposit.
ScoreScore 5.7 out of 10TVL $136M+1.0% - 6
Folks Finance xChain
Lending · Avalanche, Polygon, Monad +5
Folks Finance xChain lets you lend, borrow and swap across multiple networks, but fees and rates aren’t published here. The app is scheduled to shut down on March 31, 2027, so plan to withdraw before then.
ScoreScore 5.0 out of 10TVL $3.44M−7.2% - 7
Neverland
Lending · Monad
Neverland is a Monad lending protocol for supplying and borrowing crypto, with DUST rewards and automated strategies. Key details on fees, audit scope and app access remain unclear, so verify them before depositing.
ScoreScore 4.8 out of 10TVL $5.31M−14.2% - 8
Townsquare
Lending · BNB Chain, Base, Monad
TownSquare combines onchain lending with curated real-world-asset vaults, but it does not publish enough detail on fees, custody or independent audits to make depositing a low-guesswork decision.
ScoreScore 4.5 out of 10TVL — - 9
Sumer.money
Lending · Berachain, Goat, Base +10
Sumer.money is a multichain lending and borrowing protocol built around synthetic assets. Its core use is clear, but check current rates, supported markets and audit details before connecting a wallet or depositing.
ScoreScore 4.0 out of 10TVL $675K−1.9% - 10
Covenant
Lending · Monad
Covenant is a Monad lending app that splits collateral-backed markets into yield and leverage tokens. Its published details are too limited to judge fees, audit coverage or the risks of individual markets, so verify those before committing funds.
ScoreScore 4.0 out of 10TVL $39.7K−2.7% - 11
K613
Lending · Monad
K613 is a lending project on Monad. Its team publishes little about how it works, what it costs or how funds are secured, so treat it with care.
ScoreNot rated yetTVL $378−0.9%
Lending dApps on Monad: the numbers
- Tracked
- 11
- Reviewed
- 11
- Total TVL
- $27.1B
- Avg. score
- 5.5/10
The SkyBitcoins index lists 11 lending dApps on Monad. Every one of them has a full review. The 10 that report TVL hold $27.1B between them, counting value on every chain they support. Aave V3 dominates, with 58% of that total. The five largest make up 100% of the total; the median is $5.31M.
Ranked by TVL, Aave V3 ($15.8B), Morpho Blue ($10.9B) and Euler V2 ($267M) lead the field. The best-rated is Aave V3 with 7.6/10, followed by Euler V2 (7.1) and Morpho Blue (7.0). That makes Aave V3 both the biggest and the best-rated. The 10 rated lending dApps average 5.5/10, and none scores 8 or above yet.
Many also deploy elsewhere, most often on BNB Chain (7), Ethereum (6) and Base (6). All 10 with a confirmed status are active. In the past week, total value locked rose 1.8%. Aave V3 gained the most (+3.4%), while Neverland dropped the most (−14.2%).
Largest by TVL
- 1
Aave V3$15.8B
- 2
Morpho Blue$10.9B
- 3
Euler V2$267M
- 4
Curvance$136M
- 5
Gearbox$22.1M
Highest rated
- 1
- 2
- 3
- 4
- 5
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
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Frequently asked questions
What is the largest lending dApp on Monad by TVL?
Aave V3 is the largest lending dApp on Monad by total value locked, with $15.8B across all the chains it supports. It is followed by Morpho Blue ($10.9B) and Euler V2 ($267M). TVL figures come from DefiLlama and change daily.
Which lending dApp on Monad has the highest SkyBitcoins score?
Aave V3 has the highest score at 7.6/10, ahead of Euler V2 (7.1) and Morpho Blue (7.0). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many lending dApps on Monad has SkyBitcoins reviewed?
SkyBitcoins tracks 11 lending dApps on Monad. Of these, 11 have a full review and 10 report value locked, $27.1B in total, counting value on every chain they support.
Which lending dApps on Monad grew the most this week?
What is the average score for lending dApps on Monad?
The 10 rated lending dApps on Monad average 5.5 out of 10. Of these, 0 score 8 or higher and 4 score below 5.