Uncollateralized Lending · Alternatives
The best Union Protocol alternatives in 2026
Union Protocol is an open-source DeFi protocol for collateral-free peer-to-peer credit, where users vouch for trusted contacts and earn UNION tokens. If Union Protocol is not the right fit, these 12 reviewed Uncollateralized Lending options are the closest matches, ranked by DappsAtlas score. Read our full Union Protocol review
At a glance
Union Protocol vs the alternatives
| dApp | Score | TVL | Chains |
|---|---|---|---|
| Score 5.5 out of 10 | $266K | 4 | |
| Score 6.8 out of 10 | $180M | 1 | |
| Score 7.0 out of 10 | $11.1M | 1 | |
| Score 6.2 out of 10 | $311K | 1 | |
| Score 6.8 out of 10 | $2.92M | 2 | |
| Score 5.0 out of 10 | $2.07M | 1 | |
| Score 6.8 out of 10 | $200K | 9 | |
| Score 6.5 out of 10 | $96.9K | 1 | |
| Score 6.5 out of 10 | $2.95K | 3 | |
| Score 6.5 out of 10 | — | 1 | |
| Score 5.5 out of 10 | $1.24K | 4 | |
| Score 4.8 out of 10 | $218K | 3 | |
| Score 4.0 out of 10 | $12.1K | 1 |
Ranked
Top Union Protocol alternatives
- 1
cap
Uncollateralized Lending · Ethereum
Cap is an Ethereum stablecoin protocol that issues cUSD and the yield-bearing stcUSD, using underwriters to back unsecured USD loans to borrowers. It holds about $191 million in TVL, but the mechanics rest on credit and underwriting rather than collateral alone.
ScoreScore 6.8 out of 10TVL $180M−4.3% - 2
3Jane Lending
Uncollateralized Lending · Ethereum
3Jane is an Ethereum credit protocol that issues USD3, a yield-bearing dollar token funded by USDC deposits and lent out to fintechs and crypto-native borrowers without full collateral. Yields look attractive, but returns depend on borrower credit rather than posted collateral.
ScoreScore 7.0 out of 10TVL $11.1M+156% - 3
Sprinter
Uncollateralized Lending · Base
Sprinter is an onchain credit infrastructure project from the team behind ChainSafe, offering policy-based, uncollateralised credit to solvers, asset issuers and card programmes. It is early-stage on Base with small tracked TVL, and its headline volume claims are self-reported.
ScoreScore 6.2 out of 10TVL $311K+0.1% - 4
Wildcat Protocol
Uncollateralized Lending · Ethereum, Plasma
Wildcat is an Ethereum protocol where borrowers set up their own undercollateralised credit lines and lenders deposit into a single borrower's market. It is flexible, but lenders take on direct counterparty risk.
ScoreScore 6.8 out of 10TVL $2.92M+0.2% - 5
Goldfinch
Uncollateralized Lending · Ethereum
Goldfinch is an on-chain credit protocol on Ethereum that moved from borrower pools to a private credit fund product called Prime. The homepage now says Prime is shutting down and no new deposits are accepted.
ScoreScore 5.0 out of 10TVL $2.07M−8.4% - 6
Clearpool Lending
Uncollateralized Lending · Base, Ethereum, Optimism +6
Clearpool Lending is a permissioned marketplace where institutions borrow from on-chain lenders without posting collateral. It is credit-risk exposure, not a collateralised DeFi loan, and it is expanding to the XRP Ledger.
ScoreScore 6.8 out of 10TVL $200K+0.1% - 7
3Jane Options
Uncollateralized Lending · Ethereum
3Jane is an Ethereum protocol that was listed as an options vault and now centers on USD3, a credit-backed yieldcoin funded by lending to fintech originators. The yields are higher than plain lending markets, but they come with real credit risk.
ScoreScore 6.5 out of 10TVL $96.9K−0.8% - 8
Kasu
Uncollateralized Lending · Base, XDC, Plume
Kasu is a private credit protocol that lets lenders earn 9% to 20% a year from loans to vetted businesses, paid in stablecoins. The yields are attractive, but this is off-chain business lending with real credit risk and no guaranteed withdrawals.
ScoreScore 6.5 out of 10TVL $2.95K+9.3% - 9
BNPL Pay
Uncollateralized Lending · Ethereum
BNPL Pay is an Ethereum lending protocol that routes lender deposits to Buy Now, Pay Later providers, with staking as first-loss capital. Its yields come from real-world receivables, which brings credit risk that ordinary DeFi pools do not carry.
ScoreScore 6.5 out of 10TVL — - 10
cSigma Finance
Uncollateralized Lending · Ethereum, Arbitrum, Hedera +1
cSigma Finance is a lending protocol that pools stablecoin deposits for real-world business loans and onchain strategies. It suits readers who understand private credit risk and accept delayed withdrawals in exchange for higher stated yields.
ScoreScore 5.5 out of 10TVL $1.24K+0.0% - 11
Credit Coop
Uncollateralized Lending · Ethereum, Base, Avalanche
Credit Coop is an early-stage on-chain credit platform where lenders fund curated vaults that finance real businesses against future cash flows. Its TVL is small, no audits are listed and key terms are not published publicly reviewed.
ScoreScore 4.8 out of 10TVL $218K+3.1% - 12
Credit
Uncollateralized Lending · World Chain
Credit is an undercollateralized peer-to-pool lending protocol on World Chain where users supply USDC to a vault. It is small and new, with no audits listed, so treat it as high risk.
ScoreScore 4.0 out of 10TVL $12.1K−50.4%