Blend Review: Is This Stellar Lending Protocol Ready?
Blend is a Stellar lending protocol built around pools created by users, DAOs and institutions. Its purpose is clear, but fees, safeguards and the availability of live pools remain unclear.
By the SkyBitcoins review team · Updated
At a glance
Blend key facts
| Type | Decentralized lending protocol |
|---|---|
| Network | Stellar |
| Token | BLND |
| Status | Active |
| Updated |
Blend FAQs
What is Blend?
Blend is a decentralized lending protocol on Stellar. It is designed for lending pools created by users, DAOs and institutions.
How do you start using Blend?
Blend offers a link to launch its app and a separate option to try the protocol on testnet. Check which network and pools are currently available before connecting a wallet or supplying funds.
What should you check before supplying funds to Blend?
The fee schedule and the safeguards for individual pools are not clear. Review the terms for the specific pool, including its assets and borrowing conditions, before depositing.
Compare
Blend alternatives
Aave offers open crypto lending and borrowing, but variable rates, gas costs and liquidation risk make it best for informed DeFi users.
Aave V3 offers non-custodial lending and collateralised borrowing, but rates vary and deposits remain exposed to DeFi and liquidation risks.
Compound V3 offers variable-rate crypto lending across several networks, but market terms and liquidation risks require close checking.
Aave V4 offers non-custodial lending and collateralized borrowing, but rates vary and smart-contract, market and liquidation risks remain.
Euler V2 offers configurable lending markets across many chains, but check each vault’s rates, liquidity and liquidation rules before depositing.
Morpho Blue offers non-custodial lending markets and curated vaults, but rates change and supplied assets face smart-contract, oracle and market risks.
Same category
More Lending dApps
SparkLend offers governance-set on-chain borrowing rates, but check each market’s live terms and liquidation risks before supplying collateral.
Morpho offers variable-rate and fixed-term lending plus curated vaults, but check each product’s fees, terms and risks before depositing.
Euler offers flexible crypto lending and market-building tools, but check each market’s fees, collateral rules and risks before depositing.
Nolus offers fixed-rate, asset-backed spot margin, but check live borrowing costs and liquidation terms before using leverage.
Dolomite offers multi-network lending, borrowing, swaps and strategies, but variable rates, liquidation and contract risks call for care.
NAVI offers variable-rate lending and collateralized borrowing on Sui, but users must weigh liquidation, smart-contract and liquidity risks.
Same chain
More on Stellar
Bitget combines crypto trading tools with other asset products, but check fees, local access and custodial risks before depositing.
Stellar DEX offers native trading and path payments, but costs, liquidity and asset controls depend on the market, issuer and wallet you choose.
CEX.IO combines card and bank crypto purchases with spot and margin trading, but check regional access, fees and custody terms first.
SwissBorg offers routed crypto trading and investing tools, but check its fees, custody and country-specific licence before depositing.
Soroswap aggregates five Stellar trading venues, but check swap costs, API pricing and security details before using it.
Bitbond Token Tool offers no-code token deployment across multiple chains, but check its unpublished fees and contract details first.
How we checked
Sources
- fileinfo.com/extension/blend(opens in a new tab)
- blender.org(opens in a new tab)
- merriam-webster.com/dictionary/blend(opens in a new tab)
- blendnow.com(opens in a new tab)
Last updated . Spotted an error? Tell us and we will correct it.