Ironclad Finance

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

Ironclad Finance is published as a versioned release inside the Cod3x 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.

Ironclad Finance is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Mar 6, 2024
   Listed on DeFiLlama

Ironclad Finance 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 Mode.

Ironclad Finance is a single-chain protocol, deployed exclusively on Mode — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Api3); an outage or manipulation of that feed would propagate into every market the protocol prices.

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

Ironclad Finance 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 $43.4B in deposits, giving you a frame of reference for whether Ironclad Finance's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL $26.2B · 24h +0.16%

Morpho V1

TVL $7B · 24h +0.57%

JustLend

TVL $3.4B · 24h +1.86%

Maple

TVL $2.4B · 24h -1.17%

SparkLend

TVL $2.2B · 24h +3.62%

Kamino Lend

TVL $2.1B · 24h -0.02%