Best of · BNB Chain · Updated
The best CDPs on BNB Chain in 2026
We track 15 CDPs that run on BNB Chain and have reviewed 13 of them in full. Our top pick is Reservoir Protocol. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Reservoir Protocol
CDPs · Monad, Ethereum, Plasma +14
Reservoir is a stablecoin protocol built around the rUSD stablecoin, with yield-bearing versions srUSD and trUSD, and about $69.7 million in TVL. It is multichain and relies partly on real-world assets, so reserve and counterparty details deserve a close read.
ScoreScore 7.0 out of 10TVL $89.8M+20.3% - 2
River Omni-CDP
CDPs · BNB Chain, BSquared, Ethereum +9
River is a multi-chain stablecoin protocol that lets users post collateral on one chain and mint the satUSD stablecoin without bridging. DefiLlama shows about $79 million in TVL, but fee and risk details are not published.
ScoreScore 6.8 out of 10TVL $75.0M−1.7% - 3
BIMA CDP
CDPs · Bitcoin, Ethereum, Hemi +5
Bima is a Bitcoin-backed credit protocol that began with minting the USBD stablecoin and now promotes collar loans that let holders borrow against BTC without selling it. Terms are fixed upfront with no margin calls, but the model relies on custodians and option counterparties.
ScoreScore 6.8 out of 10TVL $10.3M−1.0% - 4
Angle
CDPs · Ethereum, Arbitrum, Polygon +5
Angle is an over-collateralized stablecoin protocol that mints the euro stablecoin agEUR, offers perpetuals and borrowing, and lets users earn yield. It is a niche, small-TVL protocol that suits users who want euro-denominated DeFi and accept smart-contract risk.
ScoreScore 6.7 out of 10TVL $1.61M−6.5% - 5
Abracadabra Spell
CDPs · Ethereum, Arbitrum, BNB Chain +5
Abracadabra lets users deposit collateral and borrow its MIM stablecoin, with the SPELL token tied to the ecosystem. It runs on eight chains, but its TVL is modest and the smart-contract and peg risks are real.
ScoreScore 6.0 out of 10TVL $4.47M−0.9% - 6
QiDao
CDPs · Polygon, Base, Ethereum +11
QiDao is a CDP protocol that lets users borrow stablecoins against crypto collateral without selling it, advertising 0% interest. It is multi-chain but small by TVL, and key details are not.
ScoreScore 6.0 out of 10TVL $2.11M−0.7% - 7
Sable Finance
CDPs · BNB Chain
Sable Finance is a collateral-backed stablecoin protocol on BNB Chain that has added a perpetuals DEX. Its TVL is small, and its public descriptions are inconsistent, so treat it with caution.
ScoreScore 5.8 out of 10TVL $588K−1.1% - 8
Sigma Money
CDPs · BNB Chain
Sigma Money is a BNB Chain protocol that splits yield-bearing assets into a stable tranche and a leveraged volatile tranche. It is small and young, so treat it as a higher-risk DeFi product.
ScoreScore 5.5 out of 10TVL $949K−0.5% - 9
Avalon USDa
CDPs · Ethereum, BNB Chain, Mantle +3
Avalon USDa is a Bitcoin-collateralized stablecoin issued through Avalon Labs' CeDeFi lending platform, listed on DefiLlama as a CDP product. It suits Bitcoin holders who want to borrow without selling, but the headline lending figures are self-reported and the audit and custody claims need independent checking.
ScoreScore 5.1 out of 10TVL $3+0.1% - 10
Davos Protocol
CDPs · BNB Chain, Ethereum, Polygon +5
Davos Protocol is a CDP platform where users borrow the DUSD stablecoin against liquid staking and restaking tokens. It is a niche, low-TVL product that suits experienced DeFi users who accept the risk.
ScoreScore 5.0 out of 10TVL $23.0K−0.9% - 11
Mars Ecosystem
CDPs · BNB Chain
Mars Ecosystem is a BNB Chain stablecoin project built around a treasury, the USDM stablecoin and the XMS token. Its TVL is very small, and the project does not confirm current activity, so caution is warranted.
ScoreScore 4.5 out of 10TVL $243K−0.7% - 12
BitStable Finance
CDPs · Bitcoin, BNB Chain, Ethereum
BitStable Finance is a CDP protocol that lets users mint the DAII stablecoin against Bitcoin-ecosystem collateral. It is small, unaudited on the tracking data we have, and best treated as a high-risk experiment.
ScoreScore 4.5 out of 10TVL $15.2K−1.7% - 13
Lista CDP
CDPs · BNB Chain
Lista CDP let users lock crypto on BNB Chain to mint the lisUSD stablecoin, using a MakerDAO-style model. Lista DAO has announced it is phasing the product out and moving users to Lista Lending, with a 31 October 2026 deadline.
ScoreNot rated yetTVL $62.8M−11.1% - 14
TopShelf
CDPs · BNB Chain, Avalanche, Fantom
TopShelf is described as a Liquity fork and is listed as a collateralized-debt-position protocol on BNB Chain, Avalanche, and Fantom. Its product terms and current status are difficult to verify.
ScoreNot rated yetTVL $20.1K−2.3% - 15
Piggy
CDPs · BNB Chain
Piggy is described as a BNB-backed borrowing protocol offering interest-free loans. Key details about its terms, fees and audits are unclear, so borrowers should verify them before interacting.
ScoreNot rated yetTVL —
CDPs on BNB Chain: the numbers
- Tracked
- 15
- Reviewed
- 15
- Total TVL
- $248M
- Avg. score
- 5.8/10
DappsAtlas tracks 15 CDPs on BNB Chain. Every one of them has a full review. The 14 that report TVL hold $248M between them, counting value on every chain they support. Reservoir Protocol is the clear leader, holding 36% of it. The five largest make up 98% of the total; the median is $949K.
Ranked by TVL, Reservoir Protocol ($89.8M), River Omni-CDP ($75.0M) and Lista CDP ($62.8M) lead the field. On DappsAtlas scores, Reservoir Protocol ranks first at 7.0/10, ahead of River Omni-CDP (6.8) and BIMA CDP (6.8). That makes Reservoir Protocol both the biggest and the best-rated. The 12 rated CDPs average 5.8/10, and none scores 8 or above yet.
Many also deploy elsewhere, most often on Ethereum (9), Arbitrum (6) and Optimism (5). Of the 11 with a confirmed status, 10 are active and 1 is inactive or wound down. Over the last seven days, combined TVL rose 2.4%. Reservoir Protocol gained the most (+20.3%), while Lista CDP dropped the most (−11.1%).
Largest by TVL
- 1
Reservoir Protocol$89.8M
- 2
River Omni-CDP$75.0M
- 3
Lista CDP$62.8M
- 4
BIMA CDP$10.3M
- 5
Abracadabra Spell$4.47M
Highest rated
- 1
- 2
- 3
- 4
Angle6.7
- 5
Method
How we ranked them
Reviewed dApps come first. Each DappsAtlas review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.
Guides
Related guides
DeFi
BNB Chain DeFi Apps and the $5 Billion Claim: What to CheckA claim that a simple BNB Chain DeFi app generates $5 billion is hard to verify and often mixes up volume, deposits and revenue. This guide explains what such figures usually mean and how to check them before you trust any app.
Blockchain
Ethereum vs BNB Chain: Key Differences Explained (2026)Ethereum and BNB Chain are both EVM-compatible networks, but they differ in how they reach consensus, how many validators secure them, what fees look like, and how much they prioritize decentralization versus speed and low cost. This guide explains each difference and what it means for users, developers and stakers.
DeFi
Garudaswap on BNB Chain: What It Is and How to Assess It in 2026Garudaswap is a decentralized exchange and yield farm on BNB Chain. This guide explains what it offers, what public sources do and do not confirm about its recent growth, and how to check a BNB Chain DEX before you use it.
Blockchain
How to Move Assets Between Ethereum, BNB Chain and Polygon in 2026Moving tokens between Ethereum, BNB Chain and Polygon usually means using a bridge, and each route has different fees, waiting times and risks. This guide explains the main options, what to check before you send, and how to confirm the assets arrived correctly.
DeFi
PancakeSwap vs Orca: Comparing the BNB Chain and Solana DEXs in 2026PancakeSwap on BNB Chain and Orca on Solana are both non-custodial DEXs with their own governance tokens, but they differ in chain design, pool types, fee structure and rewards. This guide explains how to compare them on the factors that matter to your trades and liquidity.
DeFi
Position Exchange Explained: BNB Chain Derivatives in 2026Position Exchange is a BNB Chain protocol for on-chain derivatives and related DeFi tools. This guide explains how such perpetual trading works, what the public information shows, and how to check current facts and risks before you use it.
Frequently asked questions
What is the largest CDP on BNB Chain by TVL?
Reservoir Protocol is the largest CDP on BNB Chain by total value locked, with $89.8M across all the chains it supports. It is followed by River Omni-CDP ($75.0M) and Lista CDP ($62.8M). TVL figures come from DefiLlama and change daily.
Which CDP on BNB Chain has the highest DappsAtlas score?
Reservoir Protocol has the highest score at 7.0/10, ahead of River Omni-CDP (6.8) and BIMA CDP (6.8). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many CDPs on BNB Chain has DappsAtlas reviewed?
DappsAtlas tracks 15 CDPs on BNB Chain. Of these, 15 have a full review and 14 report value locked, $248M in total, counting value on every chain they support.
Which CDPs on BNB Chain grew the most this week?
Among CDPs with at least $1M locked, Reservoir Protocol had the biggest 7-day TVL gain (+20.3%) and Lista CDP the biggest drop (−11.1%). Combined TVL moved +2.4% over the same seven days.
What is the average score for CDPs on BNB Chain?
The 12 rated CDPs on BNB Chain average 5.8 out of 10. Of these, 0 score 8 or higher and 2 score below 5.