Best of · Plasma · Updated Nov 6, 2026

The best Lending dApps on Plasma in 2026

We track 8 Lending dApps that run on Plasma and have reviewed 8 of them in full. Our top pick is Aave V3. Each one is scored on security, ease of use, fees and features.

1
Aave V3
Lending · Ethereum, Base, Arbitrum +18
Aave V3 is a non-custodial lending protocol where users earn interest on deposits or borrow against collateral, live on 21 chains with about $16B in TVL. It is a long-running, widely used venue, but borrowing carries liquidation and smart-contract risk.
Read the Aave V3 review Visit Aave V3(opens in a new tab)
ScoreScore 8.6 out of 10
TVL $15.8B+5.1%
2
Euler V2
Lending · Monad, Ethereum, Base +13
Euler V2 is a modular lending protocol where anyone can launch a lending market, listed on DefiLlama with about $268 million in TVL across 16 chains. Its strengths are its security work and flexibility. Risk varies by market.
Read the Euler V2 review Visit Euler V2(opens in a new tab)
ScoreScore 8.0 out of 10
TVL $283M+5.5%
3
Fluid Lending
Lending · Ethereum, Arbitrum, Plasma +2
Fluid, built by Instadapp, combines lending and a DEX on one liquidity layer and holds about $634 million in TVL across five chains. Its design is distinctive, but audit details and rates need checking on the site.
Read the Fluid Lending review Visit Fluid Lending(opens in a new tab)
ScoreScore 7.5 out of 10
TVL $619M+1.8%
4
Gearbox
Lending · Ethereum, Etherlink, Monad +8
Gearbox is a credit protocol that lets users lend assets or borrow with up to 10x leverage through isolated credit accounts, and it is now pitching compliant credit for tokenised assets. It suits experienced DeFi users and institutions, not beginners.
Read the Gearbox review Visit Gearbox(opens in a new tab)
ScoreScore 7.4 out of 10
TVL $22.2M+1.4%
5
TermFinance Lend
Lending · Ethereum, Arbitrum, Plasma +2
Term Finance is a DeFi protocol that sets fixed-rate, fixed-term crypto loans through weekly on-chain auctions. It suits users who want predictable rates, but its TVL is small and funds are locked until maturity.
Read the TermFinance Lend review Visit TermFinance Lend(opens in a new tab)
ScoreScore 6.8 out of 10
TVL $3.36M−4.4%
6
TermFinance Vaults
Lending · Avalanche, Ethereum, Plasma +3
TermFinance Vaults is the lender-facing side of Term Finance, a protocol that sets fixed rates for crypto-backed loans through on-chain auctions. It is a niche, small-TVL product that suits users who want predictable rates rather than variable pool yields.
Read the TermFinance Vaults review Visit TermFinance Vaults(opens in a new tab)
ScoreScore 6.8 out of 10
TVL $1.67M+0.3%
7
Enclabs
Lending · Sonic, Plasma
Enclabs is a small lending and borrowing protocol on Sonic and Plasma that splits risk into isolated markets. Liquidity is thin and no audits are listed, so treat it as an early-stage experiment.
Read the Enclabs review Visit Enclabs(opens in a new tab)
ScoreScore 4.5 out of 10
TVL $31.4K−0.1%
8
246Club
Lending · Plasma
246 Club routed credit from lending protocols into higher-yield opportunities, using a spread strategy powered by Aave Re-Lending. It has announced that it is sunsetting, so existing users should focus on withdrawals rather than new deposits.
Read the 246Club review Visit 246Club(opens in a new tab)
ScoreScore 3.0 out of 10
TVL $72.9K+0.1%

Lending dApps on Plasma: the numbers

Tracked: 8
Reviewed: 8
Total TVL: $16.8B
Avg. score: 6.6/10

There are 8 lending dApps on Plasma in the DappsAtlas index. Every one of them has a full review. Together they hold $16.8B in total value locked, counting value on every chain they support. Aave V3 dominates, with 94% of that total. The top five account for 100%, while the median lending dApp holds $3.36M.

By value locked, the largest lending dApps on Plasma are Aave V3 ($15.8B), Fluid Lending ($619M) and Euler V2 ($283M). The best-rated is Aave V3 with 8.6/10, followed by Euler V2 (8.0) and Fluid Lending (7.5). That makes Aave V3 both the biggest and the best-rated. The 8 rated lending dApps average 6.6/10; 2 reach 8 or above.

Many also deploy elsewhere, most often on Ethereum (6), Arbitrum (6) and Base (5). Of the 8 with a confirmed status, 7 are active and 1 is inactive or wound down. Over the last seven days, combined TVL rose 5.0%. Euler V2 gained the most (+5.5%), while TermFinance Lend dropped the most (−4.4%).

Largest by TVL

1Aave V3$15.8B
2Fluid Lending$619M
3Euler V2$283M
4Gearbox$22.2M
5TermFinance Lend$3.36M

Highest rated

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

All guides

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Frequently asked questions

What is the largest lending dApp on Plasma by TVL?

Aave V3 is the largest lending dApp on Plasma by total value locked, with $15.8B across all the chains it supports. It is followed by Fluid Lending ($619M) and Euler V2 ($283M). TVL figures come from DefiLlama and change daily.

Which lending dApp on Plasma has the highest DappsAtlas score?

Aave V3 has the highest score at 8.6/10, ahead of Euler V2 (8.0) and Fluid Lending (7.5). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many lending dApps on Plasma has DappsAtlas reviewed?

DappsAtlas tracks 8 lending dApps on Plasma. Of these, 8 have a full review and 8 report value locked, $16.8B in total, counting value on every chain they support.

Which lending dApps on Plasma grew the most this week?

Among lending dApps with at least $1M locked, Euler V2 had the biggest 7-day TVL gain (+5.5%) and TermFinance Lend the biggest drop (−4.4%). Combined TVL moved +5.0% over the same seven days.

What is the average score for lending dApps on Plasma?

The 8 rated lending dApps on Plasma average 6.6 out of 10. Of these, 2 score 8 or higher and 2 score below 5.

Ranked list