Notional V2

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

Notional V2 is published as a versioned release inside the Notional 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.

Notional V2 est une version au sein d'une famille de protocoles plus large. Ouvrez le protocole parent pour la TVL combinée et toutes les versions sœurs.

Événements majeurs signalés par la communauté DeFiLlama — lancements de protocole, exploits, changements de gouvernance et programmes d'incitations.

1. Aug 22, 2024
   End of Deprecation process for migrating from Notional V2 to Notional V3

Notional V2 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 Ethereum. The codebase has been independently audited (1 report on file). DeFiLlama tracks 1 historical event for this protocol since 2024.

Notional V2 is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for Notional V2 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Notional V2 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 Md $US in deposits, giving you a frame of reference for whether Notional V2's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 Md $US · 24h +0.16%

Morpho V1

TVL 7 Md $US · 24h +0.57%

JustLend

TVL 3,4 Md $US · 24h +1.86%

Maple

TVL 2,4 Md $US · 24h -1.17%

SparkLend

TVL 2,2 Md $US · 24h +3.62%

Kamino Lend

TVL 2,1 Md $US · 24h -0.02%