Lending · Review
Beta Finance V1 Review 2026: Lending and Shorting
Beta Finance V1 is a crypto money market for lending, borrowing and shorting assets on Ethereum and Avalanche. Its basic purpose is clear, but important details about markets, fees and risk controls are not.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.0/10
Mixed
Our verdict on Beta Finance V1
5.0/10Beta Finance V1 may suit DeFi users looking for a single protocol to lend, borrow or take short positions across Ethereum and Avalanche. Its main strength is that it brings these money-market functions together. The main caveat is the lack of clear, current information on supported markets, collateral rules, liquidation thresholds and fees. Two audits are listed, but their scope and findings are unclear, so users should verify the live terms and risks before committing funds.
Score breakdown
How Beta Finance V1 scores
- Security
- n/a
- Ease of use
- 4.0/10
- 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 Beta Finance V1?
Beta Finance V1 is a permissionless money market for lending, borrowing and shorting crypto assets. It is listed on Ethereum and Avalanche, and its own token is BETA. The project’s basic appeal is combining lending and borrowing markets with a short-selling use case.
The current supported assets, market conditions and operating details are not clear. Beta Finance V1 also does not publish a clear fee schedule, collateral parameters or liquidation rules, so users should verify the live terms before supplying funds or opening a position.
How Beta Finance V1 works
Beta Finance V1 is described as a permissionless money market. In a typical lending market, suppliers deposit assets into a pool, and borrowers draw from available liquidity. Interest rates generally change with supply and demand, so the rate shown for a market can move over time.
The protocol also describes short selling: a user borrows an asset and sells it, aiming to buy it back later at a lower price and repay the borrow. If the asset rises instead, losses can grow. Beta Finance V1 does not publish enough detail here to establish its current asset list, collateral factors, liquidation thresholds or exact shorting flow; check those terms in the app before use.
4 features
Key features
01
Crypto lending
Users can supply crypto assets to money markets, subject to the assets and markets currently available.
02
Asset borrowing
Users can borrow supported assets, with terms depending on the relevant market and collateral rules.
03
Crypto shorting
The project describes short selling as a core use case, allowing users to take a position against an asset by borrowing it.
04
Two listed chains
The protocol is listed on both Ethereum and Avalanche.
Pros and cons
What we like
- Combines lending, borrowing and short selling in one protocol.
- Listed on Ethereum and Avalanche.
- Permissionless access is part of the protocol’s stated design.
- BETA is identified as the project’s token.
Watch out for
- Current market availability and supported assets are not clear.
- Collateral requirements, liquidation thresholds and oracle details are not published.
- The auditors, audit scope, dates and findings for the two listed audits are unclear.
- Fees and the protocol’s custody arrangements are not published.
- Borrowing and shorting can lead to losses, including liquidation if collateral falls in value.
Beta Finance V1 fees
Beta Finance has not published a fee schedule. Lending and borrowing rates can depend on market conditions; check the current app for rates, transaction costs and any protocol charges before interacting.
Is Beta Finance V1 safe?
Beta Finance V1 has two listed audits, but the auditors, scope, dates and findings are unclear. Audit listings do not guarantee that contracts are free of vulnerabilities, and smart-contract, market-liquidity and oracle risks can affect DeFi lending markets.
Collateral requirements, liquidation thresholds, custody arrangements and any incident history are not established. Treat supplied assets and borrowed positions as exposed to loss, and verify the contract and current market terms before interacting. Regulatory status is not published.
6 steps
How to get started with Beta Finance V1
- 1
Locate the current official Beta Finance V1 app and confirm it is the intended protocol before connecting a wallet.
- 2
Use a wallet that supports the chain for the market you plan to use: Ethereum or Avalanche.
- 3
Review the available assets, market rates, collateral rules and liquidation conditions in the app.
- 4
For lending, choose an available asset and review the transaction and displayed terms before supplying it.
- 5
For borrowing or shorting, check the required collateral and understand how repayment or liquidation works before confirming.
- 6
Keep enough native chain tokens in your wallet to cover transaction costs, and monitor any open positions.
Who Beta Finance V1 is for
Beta Finance V1 is aimed at crypto users who understand lending markets and want to supply assets, borrow against collateral or short an asset. It is less suitable for newcomers who need clearly published fees, market parameters and risk controls before they use a protocol.
Beta Finance V1 FAQs
What is Beta Finance V1?
Beta Finance V1 is described as a permissionless money market for lending, borrowing and shorting crypto assets. Its listed chains are Ethereum and Avalanche.
Which networks does Beta Finance V1 support?
The protocol is listed on Ethereum and Avalanche. Check the current app and wallet network before interacting, since available markets may vary by chain.
Can you short crypto on Beta Finance?
The protocol’s description includes lending, borrowing and shorting. Current asset availability, borrowing conditions and the details of its shorting mechanism are not published.
Has Beta Finance V1 been audited?
The protocol has two listed audits, but the auditors, scope, dates and findings are unclear. An audit does not eliminate smart-contract or market risk.
What fees does Beta Finance V1 charge?
Fees are not published. Review any displayed rates and transaction costs in the app before supplying or borrowing assets.
Is Beta Finance V1 safe to use?
Beta Finance V1 is a DeFi lending protocol, not a gambling service. DeFi use still involves financial risk; only interact with contracts you understand and can afford to lose funds to.
Compare
Beta Finance V1 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 Ethereum
Lido is a liquid staking protocol where users stake ETH and receive stETH, a reward-earning token usable across DeFi, governed by LDO holders.
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.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.