Lending · Review
ActiveMORE Markets Review 2026: Flow Lending and Omnichain Vaults
MORE Markets is a permissionless lending protocol on Flow, listed on DefiLlama since late 2024, and its brand now centres on omnichain vaults for curators. It is non-custodial but small, and DefiLlama lists no audits.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.8/10
Mixed
Our verdict on MORE Markets
5.8/10MORE Markets suits experienced DeFi users who want to explore a small, permissionless lending protocol on Flow, or curators interested in omnichain vault tooling. Its strengths are the non-custodial design, public allocations and timelocked guardrails. The main caveat is the missing audit information on DefiLlama, along with low TVL and a product focus that has shifted toward vaults. Deposit only what you can afford to lose, and read the docs first.
Score breakdown
How MORE Markets scores
- Security
- 5.0/10
- Ease of use
- 6.5/10
- Fees
- n/a
- Features
- n/a
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 MORE Markets?
MORE Markets is a decentralized lending protocol on Flow. DefiLlama describes it as a way to lend and borrow digital assets, with permissionless market creation that needs no approval from a central authority. It has been listed since 5 November 2024 and shows about $3.7 million in TVL.
The official homepage now presents the broader MORE brand as omnichain vault infrastructure for risk curators, blockchains and protocols. It describes non-custodial vaults, public allocations, autonomous NAV calculation and timelocked risk changes. Vaults can plug into venues such as Aave v3, Uniswap v3, Curve, Origami, Infinifi and Blueberry.
DefiLlama lists no audits and no native token. TVL fell 9.6% over seven days. Anyone considering it should treat it as an early, small protocol and check the docs for security details.
How MORE Markets works
In a decentralized lending protocol, users deposit assets into a pool and earn interest, while borrowers post collateral and pay interest to take loans. Smart contracts set rates and handle liquidations, with no bank involved. MORE Markets is described as permissionless, so new markets can be created without central approval.
The MORE brand now emphasises MORE Vaults. A vault pools deposits and a curator allocates them to venues such as Aave v3, Uniswap v3 or Curve. Vaults use a hub and spoke model across chains, and OVault support lets depositors join without bridging.
Risk controls include an Owner, Curator and Guardian role for each vault. Critical parameter changes are time-locked, and Guardians can veto them while depositors withdraw. NAV is calculated on-chain by the vault itself.
8 features
Key features
01
Permissionless lending markets
DefiLlama says markets can be created permissionlessly, with no central authority approving them.
02
Omnichain vaults
Vaults deploy on any EVM chain through a hub and spoke model, with non-EVM chains planned.
03
Bridgeless deposits
Every vault is OVault enabled, so depositors can supply liquidity without bridging or changing networks.
04
Autonomous NAV accounting
Each vault calculates its own value across chains and venues without third-party reporting.
05
Timelocked guardrails
Critical risk parameter changes are time-locked. Guardians may veto and liquidity providers can withdraw during the delay.
06
Venue integrations
Vaults can connect to ERC-4626 or ERC-7540 vaults and venues including Aave v3, Uniswap v3, Curve, Origami, Infinifi and Blueberry.
07
Role-based access control
Each vault has an Owner, Curator and Guardian, which separates oversight, strategy and security roles.
08
Vault Admin App
Curators can configure allocations, drift thresholds, leverage, swaps and cross-chain rebalancing without writing code.
Pros and cons
What we like
- Non-custodial design: the homepage says no third party takes ownership of assets.
- Permissionless market creation, per DefiLlama, with no central approval step.
- Public allocations and on-chain vault activity, with subgraphs for data access.
- Timelocked risk changes and a Guardian veto give depositors a window to exit.
- OVault support lets depositors join without bridging.
- Broad integrations with venues including Aave v3, Uniswap v3 and Curve.
Watch out for
- TVL is small, about $3.7 million, and fell 9.6% over seven days, so liquidity may be thin.
- DefiLlama lists no audits for the lending protocol, and the homepage excerpt names none for the vault infrastructure.
- No native token is listed, so there is no governance token to look at and incentive details are unclear.
- The homepage has moved its focus to omnichain vaults, so the lending product's current role is less clear.
- Several vault features, such as the Universal Liquid Staker and DEX Aggregator, are marked Coming Soon.
- Vault outcomes depend on curators, outside venues and cross-chain accounting, which adds layers of smart-contract risk.
MORE Markets fees
MORE Markets does not publish fee figures. Lending and borrowing rates on a pool-based protocol normally move with supply and demand, and the app should show current rates for each market.
Vault fees, such as curator or performance fees, are not stated either. Users should check the vault page and docs before depositing, and remember that network gas fees apply on any chain.
Is MORE Markets safe?
DefiLlama lists zero audits for MORE Markets, and the homepage excerpt does not name any audit firms or reports. Check the docs and GitHub for audit information before depositing. Smart-contract bugs are the main risk in lending and vault protocols.
The homepage says vaults are non-custodial and that critical parameter changes are time-locked with a Guardian veto. These controls help, but they rely on correct implementation and on honest curators and guardians. Cross-chain accounting and external venues add further risk. No hacks or incidents appear, but absence from public sources are not proof of safety.
Public sources say nothing about regulatory status. Users are responsible for checking whether DeFi lending is allowed where they live.
6 steps
How to get started with MORE Markets
- 1
Read the docs and the Terms of Use on the official site to understand the lending markets and vaults.
- 2
Check the audit status and any security disclosures, since DefiLlama lists none.
- 3
Set up a wallet that supports the network you plan to use, such as Flow or an EVM chain.
- 4
Fund the wallet with the asset you want to lend, plus a small amount for gas.
- 5
Open the app and review each market or vault: assets, rates, curator and risk settings.
- 6
Start with a small deposit and monitor it, including withdrawal options and any timelocks.
Who MORE Markets is for
It is for DeFi users already comfortable with wallets, lending pools and smart-contract risk, especially those on Flow. It also suits risk curators and protocol teams who want to run multichain vaults. Beginners and anyone who needs audited, high-liquidity venues may prefer larger, established lending protocols.
MORE Markets FAQs
What is MORE Markets?
MORE Markets is a decentralized lending protocol on Flow where users can lend and borrow digital assets. DefiLlama says markets can be created permissionlessly, with no central authority approving them. The wider MORE brand also offers omnichain vault infrastructure.
Which blockchain does MORE Markets run on?
DefiLlama lists Flow as its chain. The homepage describes MORE Vaults as deployable on any EVM chain, with non-EVM support planned. Check the app for the networks currently supported.
Does MORE Markets have a token?
DefiLlama shows no token for the protocol, and the homepage excerpt does not mention one. Check the official docs and social channels for any later announcements.
Is MORE Markets safe?
The homepage says vaults are fully non-custodial, so no third party takes ownership of assets. That reduces counterparty risk but not smart-contract risk. DefiLlama lists zero audits, so read the docs for audit information before depositing.
What are MORE Vaults?
A MORE Vault is a smart contract that pools deposits and allocates them across yield venues such as Aave v3, Uniswap v3 or Curve. A curator manages the strategy and a guardian can veto risky changes during a timelock. OVault support lets depositors join without bridging.
What are the fees?
Fees are not. Lending interest rates are set by market utilisation, and vault fees are usually set per vault, so check the app and docs before depositing.
Compare
MORE Markets 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.
Save, formerly Solend, is a Solana lending and borrowing protocol where users earn interest on deposits or borrow against collateral.
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.
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.
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.
Same chain
More on Flow
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
Ankr is a Web3 infrastructure provider offering multichain RPC, rollup services and liquid staking for stakers, developers and enterprises.
Increment Finance is an all-in-one DeFi platform on Flow offering a DEX, lending market, oracle, farms and liquid staking for Flow users.
NBA Top Shot is a licensed NBA highlight NFT marketplace on Flow from Dapper Labs, built around pack drops and trading for basketball fans.
NFL All Day is the NFL and NFLPA licensed NFT platform from Dapper Labs on Flow, where fans buy and trade video highlight Moments.
Crossmint provides APIs and widgets for app builders adding embedded wallets, crypto payments and NFT tokenization.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.