Best rates on
deposits and loans
Everlend rides the crest of the highest APYs and the lowest borrowing rates within Solana protocols
Our community
is worldwide.
Simplicity.
Security.
Convenience.
Everlend continuously offers the highest yield on deposits and the lowest interest rate on loans. As market conditions change, Everlend uses automatic rebalancing and refinancing mechanisms to continually optimize the user's position.
Liquidity Oracle
Algorithm
Rebalance
[The highest APY on your deposit]
Yield Optimization. Liquidity is moved between protocols to ensure the user always receives the highest yield available on the market
Refinance
[The lowest rates on your loan]
Loan optimization. Loans are automatically refinanced and moved between protocols to ensure the user always pays the lowest rates available on the market.
Security is our top priority
Battle-tested Risk Framework
Everlend Risk Framework significantly mitigates risk by constantly adjusting portfolio and allocation of funds. It is also used as guidance for onboarding new money markets and assets.
Loss Prevention System
This system aims to protect lenders from the risk of borrowers defaulting. It takes action in 3 different tiers. Liquidations, Safety Fund and Everlend DAO staking pool. All those collected pools or funds exist in order to make our users whole.
Roadmap
[end of february]
Closed mainnet alpha launch
A 1-month period to battle test the rebalancing algorithm and roll out all the liquidity aggregator features with a small group of users and deposit limits.
[beginning of May 2022]
Liquidity aggregator launch. Safety Fund
Launch of the MVP, source code is audited but closed. Users can provide and withdraw liquidity. Everlend utilizes aggregation and optimization algorithms within the underlying money markets.
[Q4 of 2022]
Loan Optimizer
Launch of V1 of Loan aggregation and optimization. The algorithm is provided by Everlend team, the source code is public. At this point the platform provides users with the best borrowing rates at the time the loan is taken.
[Q4 of 2022]
Launch of the token. Staking pool
ELD token is launched right after the public token sale. Users can stake their ELD in the insurance pool thus providing an additional security layer to the protocol and getting rewarded for it.
[Q4 of 2022]
Launch of DAO
Platform governance is fully driven by ELD token holders. DAO can change key parameters of Everlend to further decentralize and optimize its work.
[Q1 of 2023]
Everlend Money Market
Launch of V1 of Loan aggregation and optimization. The algorithm is provided by Everlend team, the source code is public. At this point the platform provides users with the best borrowing rates at the time the loan is taken.
[Q2 of 2023]
Loan Optimizer V2
The loan rates are monitored across all underlying money markets and borrow positions are automatically refinanced providing the user with more favorable conditions.
[Q3 of 2023]
Loan Optimizer V3. Decentralized refinancing
The algorithms driving the process of refinancing and rebalancing can be created by anyone and then approved by the DAO
$ELD Token
soon...The ELD token architecture is designed to ensure that the Everlend DAO has skin in the game, underwriting protocol risk, and protecting lenders from the consequences of potential Shortfall Events in underlying protocols.
Everlend utilizes a two-tranche architecture to protect users, comprising the Safety Fund held in stablecoins and the ELD staking pool, held in ELD tokens.
Our backers
