Lending · Review
ActiveBlend Review 2026: Stellar Lending Pools
Blend is a lending protocol built on Stellar's Soroban platform, with pools for supplying and borrowing assets. Its documentation covers pool creation, backstops and auctions, but key details on fees, audits and pool terms remain unspecified.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.5/10
Mixed
Our verdict on Blend
5.5/10Blend is aimed at Stellar users who want to supply or borrow through configurable lending pools, as well as creators who want to set up pools. Its documentation identifies useful features such as oracle selection, backstops and auctions. The main caveat is that important operating details—including fee schedules, pool terms and security specifics—are not explained in the introductory content. Review each pool's rules and Blend's security materials before committing funds.
Score breakdown
How Blend scores
- Security
- n/a
- Ease of use
- 5.0/10
- 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 Blend?
Blend is a liquidity protocol on Stellar's Soroban platform. Its documentation covers how users choose lending pools and borrow or supply assets, alongside guidance for pool creators.
Pool creators can configure assets, select an oracle and set maximum positions and a backstop take rate. Blend also documents auctions, emissions and the BLND token, but does not explain their detailed mechanics in its introductory content.
How Blend works
Blend is a liquidity protocol built on Stellar's Soroban smart-contract platform. It organizes lending and borrowing into pools: suppliers provide assets to a pool, while borrowers use assets under that pool's rules. The introductory documentation does not specify the supported assets, collateral requirements or interest-rate formulas, so those details need to be checked for each pool.
Pool creators have documentation for adding assets, selecting an oracle, setting maximum positions and configuring a backstop take rate. Blend also documents backstopping and auctions as separate protocol features, but its introductory description does not explain their exact operation. Pool configurations may therefore differ, and users should understand a pool's terms before interacting with it.
5 features
Key features
01
Lending pools
Users can select from lending pools and use them to supply or borrow assets. Pool-specific assets and borrowing rules are not detailed in the introductory description.
02
Pool configuration
Pool creator documentation covers adding assets and managing a pool, including oracle selection and maximum positions.
03
Backstop support
Backstopping has its own user and pool-creator documentation sections. The introductory content does not explain its exact mechanics.
04
Auctions
Blend documentation includes an auctions section, but does not describe auction triggers or settlement details in its introduction.
05
BLND and emissions
The documentation includes sections for the BLND token and emissions, without explaining their mechanics in its introductory content.
Pros and cons
What we like
- Built on Stellar's Soroban platform.
- Offers documentation for both pool users and pool creators.
- Pool creators can configure assets, oracles and maximum positions.
- Backstopping and auctions are documented as protocol features.
Watch out for
- Fees, interest-rate rules and pool-specific terms are not published in the documentation landing content.
- The custody model, named auditors, audit reports and bug-bounty terms are not specified.
- Users depend on each pool's oracle and configuration, which can differ between pools.
- Borrowing and supplying assets expose users to smart-contract, market and pool liquidity risks.
- BLND is named in the documentation, but its token functions and economic details are not explained there.
Blend fees
Blend does not publish fee amounts or a general fee schedule in its introductory documentation. Pool terms may vary; check the relevant pool's details and documentation before supplying or borrowing.
Is Blend safe?
Blend's documentation lists an Audits & Bug Bounties section, but specific auditors, audit reports, scope and bounty terms are not published in its introductory content. The custody model and incident history are also not specified. Smart-contract, oracle, liquidity and pool-configuration risks apply to lending protocols.
5 steps
How to get started with Blend
- 1
Read Blend's user documentation and review its guidance on choosing pools.
- 2
Compare the pool's supported assets and terms before connecting a wallet or supplying funds.
- 3
Review the pool's borrowing rules and oracle information before taking a loan.
- 4
If you plan to create a pool, consult the creator documentation for asset selection and configuration options.
- 5
Check available security information and the pool's current conditions before confirming any transaction.
Who Blend is for
Blend may suit Stellar users familiar with lending protocols who are willing to inspect pool-specific rules before supplying or borrowing. Pool creators may also find its configuration documentation relevant. It is less suitable for users who need clearly published fees, detailed risk disclosures or straightforward security assurances before interacting.
Blend FAQs
What is Blend?
Blend is a liquidity protocol on Stellar's Soroban platform. Its documentation describes lending pools that users can choose from and pool creators can configure.
How does Blend lending work?
Blend documents lending and borrowing through liquidity pools. The landing content does not specify eligible assets, collateral requirements or interest-rate calculations, so check the terms for the pool you intend to use.
Can anyone create a Blend lending pool?
Blend's documentation includes sections on pool creation, backstopping and auctions. It does not provide the detailed mechanics of those features in its introductory description.
What is the BLND token used for?
The documentation names a BLND token section, but does not explain the token's purpose or utility in its introductory content. Check the token documentation before relying on any particular function.
What fees does Blend charge?
Blend does not publish fee details in its introductory documentation. Check the terms shown for the relevant pool before supplying or borrowing.
Is Blend audited and safe to use?
Blend does not identify specific audit reports, auditors or bounty terms in its introductory documentation. Smart-contract risk remains, and users should review available security materials before interacting.
Compare
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How we checked
Sources
No public sources were recorded for this review.
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