Lending · Review
Neku Review 2026: Small Multi-Chain Lending Protocol
Neku Finance is a multi-chain lending protocol that launched on Moonriver, Arbitrum and BNB Chain in 2021. Current activity could not be confirmed, so treat it with caution.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Neku
Neku Finance suits experienced DeFi users who want to research a small, older lending protocol on Moonriver, Arbitrum or BNB Chain. Its strengths are a clear purpose, multi-chain presence and two listed audits. The main caveat is the lack of current data: the latest TVL dates from October 2023, and the homepage could not be fetched. Confirm it is still active and read the audits before depositing.
Score breakdown
How Neku scores
- Security
- 4.5/10
- Ease of use
- n/a
- Fees
- n/a
- Features
- 5.0/10
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 Neku?
Neku Finance is a decentralized, multi-chain lending protocol. According to its introduction, it launched in 2021 on Moonriver, with Arbitrum and BSC also named. DefiLlama has listed it since November 2, 2021, in the Lending category.
The most recent figure in public sources are from a DefiLlama snippet dated October 12, 2023, showing about $357,869 in TVL, a small number for a lending protocol. No current TVL is available, and the homepage could not be fetched, so its present status is unclear.
The protocol has a token, NEKU, and DefiLlama lists two audits. Details on those audits, the team and the rate parameters are not.
How Neku works
Neku Finance is a lending protocol. Users supply crypto assets into pools, and others can borrow from those pools by posting collateral worth more than the loan. Smart contracts handle the accounting, so no bank or broker is involved.
Interest rates in this model generally move with demand: when more of a pool is borrowed, rates rise. If a borrower's collateral falls too far in value, the position can be liquidated to repay the debt and protect lenders.
Public information here do not describe Neku's specific collateral rules, rate models or token utility, so those details should be checked in the project's documentation.
4 features
Key features
01
Decentralized lending
The protocol is described as a decentralized lending platform, which typically lets users deposit assets to earn interest or borrow against collateral.
02
Multi-chain deployment
Neku launched across Moonriver, Arbitrum and BSC, and DefiLlama lists Moonriver, Arbitrum and BNB Chain.
03
NEKU token
DefiLlama lists a token called NEKU associated with the protocol.
04
Listed audits
DefiLlama shows two audits listed for the protocol, though the auditors and findings are not.
Pros and cons
What we like
- Clear stated purpose as a decentralized lending protocol
- Deployed on three networks: Moonriver, Arbitrum and BNB Chain
- Listed on DefiLlama since late 2021, giving it a public track record
- Two audits are listed on DefiLlama
- Has a native token, NEKU
Watch out for
- No current TVL figure is available in the data; the last figure in public reporting is from October 2023
- The homepage could not be fetched, so the site's current status is unverified
- Audit details are not public beyond a count of two listed audits
- Fee, rate and collateral parameters are not published
- Several public reporting for similarly named tokens on Solana could confuse buyers looking for the lending token
Neku fees
Fee details are not published in the material available for this review. That includes borrow rates, supply rates, reserve factors and liquidation penalties.
In lending protocols of this kind, rates are normally shown in the app's market view and vary with supply and demand. Users should check those figures in the app, plus network gas costs on each chain, before depositing.
Is Neku safe?
DefiLlama lists two audits, but the auditors, dates and findings are not public, so their value cannot be judged here. Lending protocols carry smart-contract risk, oracle risk and liquidation risk, and a small TVL generally means less market depth and less scrutiny.
The homepage could not be fetched and no recent TVL is available, so readers should verify that the project is still maintained before depositing. Regulatory status is not stated. No incidents are mentioned publicly. Only deposit what you can afford to lose.
6 steps
How to get started with Neku
- 1
Confirm the official website and social accounts through the project's verified Twitter handle, NekuFinance.
- 2
Check on DefiLlama whether the protocol still shows current TVL and activity.
- 3
Read the audit reports and documentation before depositing.
- 4
Use a wallet that supports the chain you want, such as Arbitrum or BNB Chain.
- 5
Start with a small deposit and check the displayed rates and collateral factors.
- 6
Keep track of your borrow health factor if you borrow, to avoid liquidation.
Who Neku is for
Neku is for experienced DeFi users comfortable with research, small protocols and smart-contract risk. It is not suited to newcomers or anyone who needs confirmed current activity and deep liquidity.
Neku FAQs
What is Neku Finance?
Neku Finance describes itself as a decentralized and multi-chain lending protocol. It was initially launched on Moonriver, Arbitrum and BSC, and is listed by DefiLlama in the Lending category.
Which blockchains does Neku support?
DefiLlama lists Moonriver, Arbitrum and BNB Chain. Early project material mentions Moonriver first, with Arbitrum and BSC following.
How much value is locked in Neku?
A DefiLlama search snippet shows about $357,869 in total value locked as of October 12, 2023, down 0.3% over 30 days. The current TVL is not available in the data used here.
Does Neku have a token?
The protocol has a token listed as NEKU. Public reporting also show other tokens named neku on Solana, which appear unrelated to this lending protocol, so verify any contract address before buying.
Is Neku still active?
Not necessarily. The homepage could not be fetched and recent data is missing. Check the project's official social channels and on-chain activity before depositing anything.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.