Mars Lend

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

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.

For each chain, sum token balances by querying the total deposit amount for each asset in the chain's params contract.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Mars Lend is published as a versioned release inside the Mars Protocol 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.

Mars Lend es una versión dentro de una familia de protocolos mayor. Abre el protocolo padre para ver el TVL combinado y todas las versiones hermanas.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Mar 9, 2022
   Listado en DeFiLlama
2. Dec 13, 2024
   Perps launch on Neutron
3. Aug 20, 2024
   Mars v2 launch on Neutron
4. Oct 10, 2023
   Mars v2 launch on Osmosis
5. Aug 2, 2023
   Launch on Neutron
6. Feb 7, 2023
   Relaunch on Osmosis
7. May 7, 2022
   UST depeg

Mars Lend 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 3 chains, including Osmosis, Neutron, Terra. The codebase has been independently audited (1 report on file). DeFiLlama tracks 6 historical events for this protocol since 2022.

Mars Lend operates on 3 networks (Osmosis, Neutron, Terra), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on Osmosis, which holds 68% of all assets — other deployments are comparatively small. Price discovery relies on 2 oracle providers (TWAP, Pyth), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

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

Mars Lend 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 mil M US$ in deposits, giving you a frame of reference for whether Mars Lend's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 mil M US$ · 24h +0.16%

Morpho V1

TVL 7035,6 M US$ · 24h +0.57%

JustLend

TVL 3412,9 M US$ · 24h +1.86%

Maple

TVL 2423,3 M US$ · 24h -1.17%

SparkLend

TVL 2235,3 M US$ · 24h +3.62%

Kamino Lend

TVL 2077,2 M US$ · 24h -0.02%