ZeroLendZeroLend is a multi-chain, non-custodial lending protocol that enables lending, borrowing and yield strategies across Layer‑2s, liquid restaking tokens, real‑world assets and BTCFi. Its native token ZERO powers governance, staking, revenue-sharing and incentive programs, while the platform offers account‑abstraction features, a crypto credit product, and audited security.
Fundraising
$3.07M
•
Total raised
Unknown
•
Undisclosed
Jun 10, 2024
Investors
$70K
•
IEO
May 06, 2024
$3M
•
SEED
Feb 21, 2024
Team
RykerFounder
News & Prediction
News
COINDESK
DeFi’s shakeout is a stress test, not a death sentence
DeFi protocol ZeroLend shuts down after 3 years due to thin margins, hacks, and inactive chains; TVL falls from $167B to $100B, while stablecoins surpass $300B and institutional investments like Apollo's in Morpho persist.
DECRYPT
ZeroLend Latest DeFi Platform to Shut Down Amid Liquidity, Revenue Pressures
ZeroLend DeFi lending platform to shut down after 3 years due to operational challenges and unsustainable model; ZERO token falls 45% to $0.06696.
BITCOINCOM
Zerolend Founder Announces Protocol Wind‑Down and Withdrawal Guidance
Zerolend announces closure of its lending protocol due to declining liquidity, oracle loss, and unprofitability; users urged to withdraw assets as recovery efforts continue on chains like Manta, Zircuit, and XLayer.