Novation

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

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

1. Mar 4, 2024
   Auf DeFiLlama gelistet

Novation 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 Blast. The codebase has been independently audited.

Novation is a single-chain protocol, deployed exclusively on Blast — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Blast-borrowed, borrowed, Blast), so a fault on any one of them would affect a large slice of users.

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

Novation 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 Novation'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%