Active

LayerBank Review 2026: Multi-Chain Lending on Many L2s

LayerBank is a permissionless money market that lets users lend and borrow crypto across many networks, formerly known as LineaBank. It has a broad chain footprint but modest TVL of about 5.4 million USD.

+8 more

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.0/10

Mixed

Visit LayerBank

Our verdict on LayerBank

6.0/10

LayerBank suits DeFi users who want a simple lend-and-borrow market on newer layer-2 and Bitcoin-related chains where larger protocols may not operate. Its main strength is chain coverage, backed by a track record since 2023 and two listed audits. The main caveat is size: TVL is about 5.4 million USD and fell 9.3% in a week, and fees, parameters and team details are not published publicly. Start small and read the documentation.

Score breakdown

How LayerBank scores

Security: 5.5/10
Ease of use: 6.5/10
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 LayerBank?

LayerBank is a lending protocol that describes itself as a universal permissionless on-chain bank for the omni-chain ecosystem. It was previously called LineaBank, and its homepage calls it the universal money market for all networks. DefiLlama has tracked it since July 2023.

Its main distinguishing feature is reach. DefiLlama lists it on Robinhood Chain, Rootstock, BOB, Plume, Manta, B2, Morph, Taiko, Hemi, Scroll, Bitlayer, Nibiru, Linea, BNB Chain, Mode and zkLink, plus Mint. Many of these are newer layer-2 or Bitcoin-adjacent networks.

Total value locked is about 5.4 million USD, down 9.3% over seven days. That is small for a protocol across so many chains, so liquidity per market may be limited. The protocol has a token, LAB, and two audits are listed.

How LayerBank works

LayerBank is a pooled lending market. Lenders deposit assets into a shared pool and earn interest. Borrowers post collateral and take loans from the pool, paying interest that is passed to lenders after any protocol cut.

Each loan must stay over-collateralized. If the collateral value falls too far relative to the debt, the position can be liquidated by other users who repay the debt and receive collateral at a discount. This keeps the pool solvent.

The protocol deploys separate markets on each supported chain, so a position on Scroll is separate from one on Linea. Specific collateral factors, oracle providers and rate models are not stated publicly.

6 features

Key features

Lending and borrowing

Users can supply assets to pools to earn interest and borrow against posted collateral, the standard money-market model.

Broad multi-chain footprint

The protocol is listed on 16 chains plus Mint, mostly Ethereum layer-2s and Bitcoin-related networks.

Permissionless access

The project describes itself as permissionless, so users interact through smart contracts rather than an account with a company.

Omni-chain positioning

The project describes itself as a universal money market for all networks, aiming to serve users across the omni-chain ecosystem.

LAB token

LAB is the project's token as listed on DefiLlama. Its specific utility is not described publicly.

Listed audits

Two audits are listed on DefiLlama, though details are not given publicly.

Pros and cons

What we like

Wide multi-chain coverage, including newer layer-2 and Bitcoin-related networks.
Standard, easily understood lending and borrowing model.
Permissionless design with no account sign-up described.
Has been tracked since July 2023, giving a multi-year track record.
Two audits are listed on DefiLlama.
Established project name history, formerly LineaBank, with clear branding.

Watch out for

Facts do not publish fee levels, interest rate models or collateral parameters, so costs are hard to judge from this research.
TVL of about 5.4 million USD is small for a lending protocol spread across many chains, which can mean thin liquidity on some markets.
TVL fell 9.3% over the past 7 days, though one week says little about the long-term trend.
Operating on many newer chains adds exposure to bridge, oracle and chain-level risks.
Only two audits are listed and the audit firms and scope are not named publicly.
Team and governance details are not given publicly.

LayerBank fees

LayerBank's fees are not published publicly. In a typical money market, borrowers pay a variable interest rate, part of which goes to lenders and part to the protocol as a reserve cut. The exact reserve factor and any liquidation penalties are not stated here.

Users also pay network gas on each chain they use. Current supply and borrow rates are shown in the app's market view for each asset, and users should check these and the project documentation before opening a position.

Is LayerBank safe?

DefiLlama lists two audits for LayerBank, but the project does not name the auditors or give results. Lending protocols carry smart-contract, oracle and liquidation risks, and operating on many newer chains adds chain-level and bridge risk. Users keep custody of assets in their own wallets but deposits sit in smart contracts.

The project does not mention hacks or incidents, and they do not describe regulatory status or team identity. Confirm the official site address, review the audit reports and use small amounts first. This is not financial advice.

6 steps

How to get started with LayerBank

1
Read the project's documentation and confirm the official site address before connecting a wallet.
2
Choose a supported network such as Linea, Scroll or BNB Chain and fund a compatible wallet with the native gas token.
3
Connect the wallet and review the market list for supply and borrow rates on each asset.
4
Start with a small supply deposit to learn how interest and collateral settings work.
5
If borrowing, keep the loan well below the maximum so a price drop does not trigger liquidation.
6
Monitor your health factor and withdraw or repay as needed.

Open LayerBank

Who LayerBank is for

LayerBank is for DeFi users comfortable with wallets and gas who want to earn interest or borrow on layer-2 networks such as Linea, Scroll or Morph. It is less suited to beginners or anyone needing deep liquidity for large positions.

LayerBank FAQs

What is LayerBank?

LayerBank is a lending protocol, described as a universal permissionless on-chain bank for the omni-chain ecosystem. Users supply assets to earn interest and borrow against collateral. It was previously called LineaBank.

Which blockchains does LayerBank support?

DefiLlama lists LayerBank on Robinhood Chain, Rootstock, BOB, Plume, Manta, B2 (bsquared), Morph, Taiko, Hemi, Scroll, Bitlayer, Nibiru, Linea, BNB Chain, Mode and zkLink, plus Mint. Availability of individual markets differs by chain.

Does LayerBank have a token?

Yes. Public sources name LAB as its token on DefiLlama. The project does not describe its utility, supply or emissions, so check the project's own documentation before relying on it.

Is LayerBank safe?

DefiLlama lists two audits, but the project does not name the auditors or the findings. Audits reduce but do not remove smart-contract risk, so only commit funds you can afford to lose.

What rates does LayerBank pay?

Interest rates on money markets are set by supply and demand in each pool and vary by asset and chain. The project does not publish current rates, so they are shown in the app's market view.

Compare

LayerBank alternatives

All alternatives

Morpho Blue

Lending

Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.

TVL $10.9B+4.0%Ethereum · Base · Robinhood Chain +41

Aave V3

Lending

Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.

TVL $15.1B+1.9%Ethereum · Base · Arbitrum +18

Compound V3

Lending

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.

TVL $1.25B−3.3%Ethereum · Arbitrum · Base +7

Venus Core Pool

Lending

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.

TVL $1.07B−8.5%BNB Chain · Ethereum · Arbitrum +5

Euler V2

Lending

Euler V2 is a modular DeFi lending protocol for lenders, borrowers and market curators, with about $268M TVL across 16 chains.

TVL $264M−1.8%Monad · Ethereum · Base +13

Gearbox

Lending

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 cr

TVL $22.1M−0.3%Ethereum · Etherlink · Monad +8

Same category

More Lending dApps

Lending rankings

SparkLend

Lending

SparkLend is a stablecoin lending market on Ethereum and Gnosis with governance-set rates, backed by Sky's Liquidity Layer, for borrowers and savers.

TVL $5.21B+1.9%Ethereum · xDai

Morpho

Lending

Morpho is a decentralized lending protocol with isolated markets, curated vaults and fixed-rate loans for crypto lenders, borrowers and developers.

Ethereum · Base

Kamino Finance

Lending

Kamino Finance is a Solana DeFi protocol offering lending, automated liquidity vaults and leverage tools for users seeking on-chain yield.

Solana

Aave V4

Lending

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.

TVL $765M+16.5%Ethereum · Arc · Avalanche +1

Dolomite

Lending

Dolomite is a multi-chain DeFi money market for lending, borrowing and leveraged strategies across 1,000+ assets, with its own DOLO token.

TVL $132M−23.8%Ethereum · Arbitrum · Berachain +4

Kamino

Lending

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.

Solana

Same chain