Meridian Finance
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Protocol TVL
Fees & Revenue
Chain Fees Distribution
Revenue Breakdown
About Meridian Finance
Meridian is a decentralized, non-custodial, governance-free borrowing protocol that enables users to obtain interest-free loans against ETH collateral. Loans are paid in USDM, which is a USD pegged stablecoin
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
How Meridian Finance's TVL is measured
DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.
Deposited Collateral on Meridian Mint
If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.
Meridian Finance codebase lineage and protocol family
Meridian Finance is published as a versioned release inside the Meridian 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.
Security & Audits
Oracles supply external price data to on-chain contracts. Oracle compromise is a common attack vector — diversified providers reduce single-point-of-failure risk.
Parent Protocol
Meridian Finance is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
MeridianMeridian Finance Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Aug 6, 2023Listed on DeFiLlama
Protocol Profile
Meridian Finance is a CDP protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed across 5 chains, including Telos, Base, Fuse, Taraxa and 1 other chain.
TVL Distribution by Chain
TVL spans 4 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Meridian Finance runs a multi-chain deployment, with smart contracts live on 5 networks. Roughly 98% of its on-chain value sits on just three networks (Telos, Base, Fuse), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (DIA); an outage or manipulation of that feed would propagate into every market the protocol prices.
Official Resources & Links
Verified external resources for Meridian Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other CDP protocols on Mantapex
Meridian Finance is one of 7 CDP protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Sky Lending, USDD, Lista CDP, and 3 more. These peer protocols collectively secure $9.2B in deposits, giving you a frame of reference for whether Meridian Finance's own TVL is at the top, middle, or tail of the category.
Recent Meridian Finance news
Latest reporting from major crypto news outlets covering Meridian Finance.
- Blockchain News
Stellar (XLM)'s Meridian 2025: Innovations in Blockchain Finance Unveiled
At Meridian 2025, Stellar (XLM) unveils transformative blockchain projects, including tokenized financial instruments and privacy roadmaps, marking significant strides in the…
- Cryptonews
Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users
At the Stellar Meridian event in Copacabana, Rio de Janeiro, on September 17, where Ondo Finance unveiled a major expansion of its institutional-grade yieldcoin USDY to the…
- Coindesk
PayPal's PYUSD Launches on Stellar to "Revolutionize Commerce"
Live from Stellar Meridian 2025 in Rio de Janeiro, CoinDesk's Jennifer Sanasie and Sam Ewen sit down with PayPal's Global Head of Compliance and Regulatory Relations for Crypto,…
- Blockchain News
Paxos Expands to Stellar Network, Enhancing Global Stablecoin Adoption
Paxos announces integration with the Stellar network at Meridian 2024, aiming to boost institutional adoption of stablecoins and enhance global financial accessibility.
- Blockchain News
Stellar (XLM)'s Meridian Pay Wallet Ditches Seed Phrases for 1,000 Users
Stellar (XLM) debuts Meridian Pay smart wallet using passkey authentication and Merkle trees to distribute 500 XLM to attendees without collecting addresses upfront.
- Coinpaper
XRP Ledger Mirrors BIS' Meridian with Lightning-Fast Atomic Settlements
The XRP Ledger depicts the atomic settlement model employed by the Bank of International Settlements' Project Meridian, showcasing institutional-grade cross-ledger reliability.
- Coindesk
What You Missed at the Stellar Meridian Conference
The sold-out Stellar Meridian conference brought together developers, enterprises and global institutions to discuss the future of money. Here are three major announcements and…
- Blockchain News
Stellar (XLM)'s Meridian Event Highlights Innovative Developer Projects
Stellar (XLM)'s Meridian event showcased innovative projects like Skyhitz and HoneyCoin, highlighting the collaborative spirit among developers in the Stellar ecosystem.
Related protocols
Other DeFi protocols connected to Meridian Finance by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other CDP protocols
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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