Yield Protocol

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

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

1. Nov 20, 2021
   Listed on DeFiLlama
2. Mar 13, 2023
   Euler was hacked

Yield Protocol 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 across 2 chains, including Arbitrum, Ethereum. The codebase has been independently audited (1 report on file). DeFiLlama tracks 1 historical event for this protocol since 2023.

Yield Protocol operates on 2 networks (Arbitrum, Ethereum), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on Arbitrum, which holds 91% of all assets — other deployments are comparatively small. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

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

Yield Protocol 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 Yield Protocol'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%