Lending · Review
Astaria V2 Review 2026: Oracle-Less Fixed-Rate Lending
Astaria V2 is an oracle-less, intent-based lending protocol on Ethereum and Base that offers fixed-rate loans with no set maximum duration. It is a niche design with very little capital in it, so treat it as experimental.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.5/10
Mixed
Our verdict on Astaria V2
5.5/10Astaria V2 suits experienced DeFi users who want fixed-rate, long-dated loans or loans against NFTs and are comfortable reading contract-level risk. Its main strength is the design: fixed terms, unlimited durations and no oracle dependency. The main caveat is scale. With about $69,000 in TVL and no published fee or team details, liquidity is thin and the track record is short, so keep positions small and read the audits first.
Score breakdown
How Astaria V2 scores
- Security
- 5.0/10
- Ease of use
- n/a
- Fees
- n/a
- Features
- 6.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Astaria V2?
Astaria V2 is a decentralized lending protocol described as oracle-less, intent-based and fixed-rate. Its main claim is support for unlimited loan durations on any asset, including ERC-20 tokens, ERC-1155 tokens and ERC-721 NFTs.
It is listed on Ethereum and Base and has been tracked since May 2023. Total value locked is about $69,000, so this is a small protocol. Two audits are listed, and the project has no token of its own in the material reviewed.
The design departs from the pooled model used by large lenders. That makes it interesting for specialised borrowing, such as loans against NFTs or long-dated positions. The trade-off is thin liquidity and little track record at scale. The project's homepage, team and fee details are not published in the material reviewed.
How Astaria V2 works
Astaria is a lending protocol where loan terms are fixed rather than floating with market utilisation. A lender and a borrower agree an interest rate and conditions, and the loan runs under those terms. The protocol describes this as intent-based, meaning users state what loan they want and the system matches it.
The protocol is also described as oracle-less. Many lending platforms use price feeds to decide when collateral is worth too little and must be liquidated. Fixing terms up front removes that dependency, though it changes how collateral risk and defaults are handled.
The protocol is described as supporting ERC-20 tokens, ERC-1155 tokens and ERC-721 NFTs, and loans can run for any duration. That makes it more flexible than standard pool-based lenders, but it also leaves more for the user to evaluate.
5 features
Key features
01
Fixed-rate loans
Loans carry a fixed interest rate agreed up front, so a borrower knows the cost of the loan from the start.
02
Unlimited loan durations
The protocol supports loans of any length, rather than forcing borrowers into preset terms.
03
Oracle-less design
Terms do not rely on an external price oracle, which removes one common attack route in lending.
04
Intent-based matching
Users express the loan terms they want and the protocol matches them, instead of trading against a shared rate curve.
05
Broad asset support
The protocol is described as accepting ERC-20, ERC-1155 and ERC-721 assets, including NFTs.
Pros and cons
What we like
- Fixed rates make borrowing costs predictable for the life of a loan.
- No set maximum duration allows long-dated loans that pooled lenders rarely offer.
- Oracle-less design avoids price-feed manipulation as an attack vector.
- Supports ERC-20, ERC-1155 and ERC-721 assets, which covers NFT-backed borrowing.
- Two audits are listed and the protocol has been tracked since 2023.
Watch out for
- Total value locked is small, about $69,000, which points to limited liquidity and few active markets.
- TVL fell about 4% over the past seven days.
- The project does not publish fees or rates in the material reviewed, so costs are hard to judge in advance.
- Unlimited loan durations and support for NFTs and semi-fungible tokens add complexity and risk for newcomers.
- Team, audit reports and incident history are not detailed here, so users must check them independently.
Astaria V2 fees
Astaria does not publish a fee schedule in the material reviewed. Costs in a protocol like this usually come from the interest rate agreed on each loan, any protocol or originator fees, and network gas on Ethereum or Base.
Users should check the app's loan terms and the transaction preview before signing. Gas is usually far lower on Base than on Ethereum mainnet.
Is Astaria V2 safe?
Two audits are listed for the protocol, but the audit firms and findings are not detailed in the material reviewed. An audit reduces the chance of code bugs but does not remove smart-contract risk, especially for a protocol that handles NFTs and semi-fungible assets alongside tokens.
Lenders and borrowers keep control through their own wallets, so there is no exchange custodian, but the protocol's contracts hold collateral for the loan term. With roughly $69,000 locked, the contracts have handled limited value in production. No incidents are stated in the material reviewed. Lending carries default and liquidity risk, so only commit funds you can afford to lose.
6 steps
How to get started with Astaria V2
- 1
Read the protocol documentation and the audit reports listed for Astaria before moving funds.
- 2
Set up a wallet that supports Ethereum and Base, and fund it with a small amount of ETH for gas.
- 3
Open the official app, confirm the address through the project's verified social account, and connect the wallet.
- 4
Choose whether to lend or borrow, and review the asset, rate, duration and collateral terms.
- 5
Start with a small test position to see how repayment and default handling work.
- 6
Track open loans and repayment dates, because there is no standard term to remind you.
Who Astaria V2 is for
Astaria V2 is for experienced DeFi users who want fixed-rate or long-duration loans, or who want to borrow against NFTs and other non-standard assets. It is a poor fit for beginners and for anyone who needs deep liquidity or a long operating record.
Astaria V2 FAQs
What is Astaria V2?
Astaria is a lending protocol that offers fixed-rate loans with unlimited durations. It describes itself as oracle-less and intent-based, and it is listed on Ethereum and Base.
Which blockchains does Astaria V2 support?
The protocol is listed with Ethereum and Base. Its liquidity is small, so check which markets are actually active on each chain before relying on it.
What assets can be used with Astaria V2?
The protocol is described as supporting any ERC-20, ERC-1155 and ERC-721 asset. That covers fungible tokens, semi-fungible tokens and NFTs.
What does oracle-less lending mean?
Oracle-less means loan terms do not depend on an external price feed. Terms are set between the parties up front, which removes oracle manipulation risk but shifts risk to how collateral is valued and how defaults are handled.
Is Astaria V2 audited and safe?
Two audits are listed for the protocol, but the reports are not summarised here. No audit removes smart-contract risk, and the low TVL means the code has handled little value. Read the reports and start with small amounts.
Does Astaria V2 have a token?
The protocol has no token listed in the material reviewed. Any token that uses a similar name is likely unrelated, so verify contract addresses before buying anything.
Compare
Astaria V2 alternatives
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
Dolomite is a multi-chain DeFi money market for lending, borrowing and leveraged strategies across 1,000+ assets, with its own DOLO token.
Compound V3 is a lending protocol on Ethereum and nine other chains where users supply a base asset for yield or borrow it against collateral.
SparkLend is a stablecoin lending market on Ethereum and Gnosis with governance-set rates, backed by Sky's Liquidity Layer, for borrowers and savers.
Venus Core Pool is a multi-chain DeFi money market where users supply crypto to earn interest or borrow against collateral, with about $1.18B in TVL.
Same category
More Lending dApps
Euler V2 is a modular DeFi lending protocol for lenders, borrowers and market curators, with about $268M TVL across 16 chains.
Morpho is a decentralized lending protocol with isolated markets, curated vaults and fixed-rate loans for crypto lenders, borrowers and developers.
Kamino Finance is a Solana DeFi protocol offering lending, automated liquidity vaults and leverage tools for users seeking on-chain yield.
Aave V4 is a modular, non-custodial lending protocol using a hub-and-spoke design, for users who want to earn on or borrow against crypto.
Kamino is a Solana DeFi protocol with a lending market, automated concentrated liquidity vaults and an intents-based swap, for yield-seeking on-chain users.
Benqi is an Avalanche DeFi platform offering lending, borrowing, sAVAX liquid staking and low-barrier validator access, governed by the QI token.
Same chain
More on Base
Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
DeFi Saver is a non-custodial tool for managing and automating leveraged lending positions across major DeFi protocols on Ethereum and layer-2 networks.
OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.