At a glance
Lybra V2 key facts
| Type | CDP protocol developing LSD-backed stablecoins |
|---|---|
| Chain | Ethereum |
| Token | LBR |
| Audits listed | 0 |
| Value locked | $45.3K−1.0% 7d |
| Updated |
Lybra V2 FAQs
What is Lybra V2?
Lybra Finance describes its protocol as developing LSD-backed stablecoins, and it is classified as a CDP project on Ethereum. The specific collateral and minting options for V2 are not established here.
What is the LBR token used for?
LBR is identified as Lybra V2’s token. Its role in the V2 protocol, and any fees or rewards tied to it, are not established here.
Has Lybra V2 been audited?
No audits are listed for Lybra V2. That does not establish whether the protocol has had other security reviews, so you should verify its contracts and risk disclosures before considering any deposit.
Compare
Lybra V2 alternatives
Liquity V1 offers interest-free LUSD loans against ETH, but borrowing fees, liquidation risk and independent frontends need care.
Liquity V2 offers user-set-rate borrowing against ETH and staked ETH, but you must choose a third-party frontend and manage liquidation risk.
Liquity V2 lets you borrow BOLD against ETH or liquid staking tokens at a rate you choose, but you must vet the frontend and manage liquidation risk.
Frankencoin offers collateral-backed ZCHF for borrowing, payments and savings, but check liquidation rules, fees and the exact network first.
Parallel offers USDp and sUSDp across five chains, but check variable yield, collateral and smart-contract risks before depositing.
Inverse Finance offers fixed-rate DOLA borrowing and sDOLA yield on Ethereum, but check market terms, liquidation risk and security before depositing.
Same category
More CDPs
Mezo Borrow offers MUSD loans against Bitcoin, but check the full rate, collateral and liquidation terms before pledging BTC.
LiquidLoans offers 0% interest borrowing against ETH or PLS, but liquidation risk and unpublished fee and audit details merit caution.
POWERCITY Earn offers interest-free PXDC loans against PLSX, but collateral, peg and contract risks warrant caution.
Thala offers Move Dollar borrowing and other DeFi products on Aptos, but check live fees and collateral liquidation terms before depositing.
Balanced combines cross-chain DeFi with collateral-backed bnUSD, but check live costs, liquidation rules and audit details before depositing.
Balanced combines cross-chain swaps, lending and borrowing; check unlisted swap costs and the project’s security disclosures before depositing.
Same chain
More on Ethereum
Lido turns staked ETH into liquid stETH, but variable rewards, a 10% reward fee and withdrawal and contract risks need checking.
Bitvavo offers euro funding, 400+ crypto assets and Pro Mode, but check withdrawal terms and the separate risks of staking and leverage.
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.
GetBlock suits teams needing multi-chain RPC and data services, but check usage billing, coverage and SLA terms before relying on it in production.
Uniswap offers wallet-based swaps and liquidity pools across 15+ networks, but pool fees, gas and self-custody risks still matter.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.