Weft V2 Review: Is Its Radix Lending App Ready to Use?
Weft V2 is a lending and borrowing app built for Radix. There is too little published detail on costs, safeguards and how to use it to recommend depositing assets.
By the SkyBitcoins review team · Updated
At a glance
Weft V2 key facts
| Type | Decentralized lending and borrowing app |
|---|---|
| Network | Radix |
| Token | WEFT |
| Audits | No audits listed |
| Value locked | $8.75K+62.7% 7d |
| Updated |
Weft V2 FAQs
What is Weft V2?
Weft Finance is described as a decentralized lending and borrowing application on Radix. Its stated purpose is to let users lend and borrow digital assets, but the available details do not explain the markets or terms in enough depth to assess them.
What fees does Weft V2 charge?
Weft does not publish fee details here, so you cannot tell what borrowing or supplying liquidity would cost from the published information. Check the app’s terms and transaction costs before committing funds.
Is Weft V2 audited or safe to use?
No audits are listed for Weft, and its custody safeguards, licence and incident history are not established. Treat those gaps as material risks and verify the protocol’s current documentation before connecting a wallet.
Compare
Weft V2 alternatives
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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.
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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.
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Maya Protocol offers non-custodial swaps between native assets, but check route costs and protocol risks before sending funds.
Gate offers extensive crypto trading and earn tools, but check local access, fees, verification rules and reserve evidence before depositing.
JewelSwap offers varied MultiversX and Sui DeFi products, but changing yields, leverage and limited fee and audit detail call for caution.
Ociswap offers token swaps and liquidity pools on Radix, but check live fees, pool liquidity and audit documentation before using it.
RSwap offers Radix swaps and DCKS-focused liquidity pools, but check its 1% displayed fee, thin liquidity and unclear audit details before using it.
Ociswap offers Radix swaps and liquidity pools, but check transaction costs, wallet compatibility and security evidence before using it.
How we checked
Sources
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