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Vires Finance Review: What to Know Before Lending on Waves

Vires Finance is a Waves-based lending protocol for depositing and borrowing assets. The basics are clear, but published details on rates, audit coverage and how to get started are too limited for a full review.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Vires Finance key facts

Vires Finance key facts
TypeDecentralized lending and borrowing protocol
NetworkWaves
TokenVIRES
CostsBorrower interest; markets take a protocol share
Value locked$6.56M−2.4% 7d
Audits2 audits listed
Updated

Vires Finance FAQs

What is Vires Finance?

Vires Finance is a decentralized, non-custodial liquidity protocol on Waves. Users can participate as depositors or borrowers.

How much does Vires Finance cost?

Borrowers pay interest, and each market takes a portion of that interest as a protocol share. Current rates and the size of each market’s share are not established here, so check the terms shown for a market before using it.

Is Vires Finance audited and safe?

Two audits are listed, but their names, scope and dates are not established. That count alone does not show whether the protocol or the specific markets you use have been adequately reviewed.

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How we checked

Sources

  1. defillama.com/protocol/vires-finance(opens in a new tab)

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