Sharky Review: What to Know Before Using Its NFT Loans
Sharky is a Solana protocol for borrowing SOL against NFTs or lending SOL to NFT holders. The core model is clear, but key details about fees, loan terms and safeguards are not established well enough for a full review.
By the SkyBitcoins review team · Updated
At a glance
Sharky key facts
| Type | NFT lending and borrowing protocol |
|---|---|
| Chain | Solana |
| Token | SHARK |
| Audits | None listed |
| Value locked | $83.6K−14.8% 7d |
| Updated |
Sharky FAQs
What does Sharky do?
Sharky describes a model where you borrow SOL using an NFT as collateral, or lend SOL and receive an NFT if the borrower does not repay. The exact loan terms and how the escrowless collateral arrangement works are not established here.
What are Sharky’s fees?
Sharky’s published homepage text does not specify its fees or the costs borrowers and lenders may face. Check the terms for a specific offer before committing SOL or an NFT.
Has Sharky been audited?
No audits are listed for Sharky. That does not by itself prove the protocol is unsafe, but you should not treat the absence of listed audits as evidence that its contracts have been independently checked.
Compare
Sharky alternatives
Gondi V3 brings NFT trading and loans together, but check loan terms, liquidation rules and transaction costs before using it.
StreamNFT offers NFT rentals, loans and gated access, but verify its chain, costs, deal terms and audit before risking an NFT.
Fungify offers NFT-backed loans, lending pools and an NFT index, but verify its live costs, collateral rules and index token before using it.
XCarnival offers NFT-backed P2P and pool lending, but check the live chain, loan terms and liquidation rules before risking collateral.
MetaStreet offers NFT and other asset lending and yield products, but check market fees, contract risks and exit terms before depositing.
Revest Finance offers NFT-based ERC-20 locks with custom conditions, but verify fees, contract coverage and redemption rules before depositing.
Same category
More NFT Lending dApps
JPEG'd offers NFT-backed borrowing on Ethereum, but check its unpublished loan costs and liquidation terms before depositing collateral.
Pawnfi documents NFT lending and trading, but verify that its app is active and check current terms before risking an asset.
Blend offered NFT-backed ETH loans and financed purchases, but it is marked inactive; verify it is operating before risking funds.
Salvor offers NFT-backed AVAX borrowing on Avalanche, but its homepage lacks enough detail to judge costs, safeguards or how to start safely.
BendDAO Lending V1 is a nft lending project on Ethereum.
Arcade.xyz offers fixed-rate loans against Ethereum NFTs, but fees and audit details need checking before you use it.
Same chain
More on Solana
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.
Solana is a Layer 1 blockchain for apps and payments; you’ll need a compatible wallet and SOL for fees.
Sol Incinerator reclaims rent from empty Solana accounts, with optional Pro tools for burning unwanted assets.
THORChain enables self-custody swaps across supported chains, but variable fees and protocol risks make quote-checking essential.
Marinade offers native and liquid SOL staking, but check variable rewards, fees, and the risks of mSOL or Kamino lending before depositing.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.