AlphaLend

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

AlphaLend's governance or utility token carries a market capitalisation of 7,3 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (7,3 Mio. $) is small relative to deposits secured by the protocol (83,6 Mio. $); a mcap/TVL multiple of 0.09× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

AlphaLend is published as a versioned release inside the Bluefin protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

AlphaLend ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. May 8, 2025
   Auf DeFiLlama gelistet
2. May 7, 2025
   AlphaLend Launched

AlphaLend is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Sui. No public audit reports are listed on DeFiLlama for this protocol. DeFiLlama tracks 1 historical event for this protocol since 2025.

AlphaLend is a single-chain protocol, deployed exclusively on Sui — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Sui, Sui-borrowed, borrowed), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (Pyth); an outage or manipulation of that feed would propagate into every market the protocol prices. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk. Its token market cap (7,3 Mio. $) is small relative to TVL (83,6 Mio. $) — a mcap/TVL ratio of 0.09 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for AlphaLend — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

AlphaLend is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, Morpho V1, JustLend, and 3 more. These peer protocols collectively secure 43,4 Mrd. $ in deposits, giving you a frame of reference for whether AlphaLend's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 Mrd. $ · 24h +0.16%

Morpho V1

TVL 7 Mrd. $ · 24h +0.57%

JustLend

TVL 3,4 Mrd. $ · 24h +1.86%

Maple

TVL 2,4 Mrd. $ · 24h -1.17%

SparkLend

TVL 2,2 Mrd. $ · 24h +3.62%

Kamino Lend

TVL 2,1 Mrd. $ · 24h -0.02%