Lending · Review
ActiveProject 0 Review 2026: Solana Prime Brokerage Lending
Project 0 is a Solana lending protocol that pitches itself as a DeFi prime brokerage, letting users borrow against a portfolio spread across several venues. It has meaningful TVL but a short track record and no audits listed on DefiLlama.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.5/10
Good
Our verdict on Project 0
6.5/10Project 0 suits experienced DeFi users on Solana who spread capital across several venues and want one borrowing limit against it. Its main strength is the Unified Borrow concept, backed by about $56.8M in TVL and a wide product set. The main caveat is that DefiLlama lists no audits and the protocol is new, so treat it as higher risk and size positions accordingly.
Score breakdown
How Project 0 scores
- Security
- 5.5/10
- Ease of use
- 6.5/10
- Fees
- n/a
- Features
- 7.0/10
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 Project 0?
Project 0 is a lending protocol on Solana. DefiLlama describes it as a DeFi-native prime brokerage that lets users borrow against their entire DeFi portfolio across multiple venues. It has been listed on DefiLlama since 24 December 2025.
At the time of the data it held about $56.8 million in TVL, down 5.2% over seven days. The Markets page lists SOL, WBTC, ETH, cbBTC and xBTC, with SOL the largest at roughly $10.2 million in deposits.
The site also includes Strategies, Vaults, Stake, Pay and Portfolio sections, plus links to docs, GitHub, a blog and audits. This review is based on public data and the homepage, and it does not describe hands-on use.
How Project 0 works
Project 0 is a lending market on Solana. Users deposit assets such as SOL or wrapped BTC to earn a yield, and others borrow against their deposits. Each asset has a weight, shown on the Markets page, which sets how much borrowing power it provides. SOL shows up to 80% and WBTC and ETH 50%.
The feature that sets it apart is Unified Borrow. DefiLlama describes Project 0 as a prime brokerage, meaning it aims to let you borrow against your whole DeFi portfolio across several venues, instead of locking collateral in one place. Exactly which venues are supported and how positions are valued is not detailed publicly.
The interface also offers an e-mode, plus Strategies, Vaults, Stake and Pay sections. Public sources name these tabs but don't explain them, so read the docs for specifics.
6 features
Key features
01
Unified Borrow
Borrow against a whole DeFi portfolio instead of a single venue's collateral. This is the core pitch of the product.
02
Lend and Borrow Markets
The Markets page has Lend and Unified Borrow views, filterable by venue, asset group and market, showing APY, weight and total deposits.
03
E-mode
The interface links to an e-mode, which in lending protocols typically allows higher borrowing power for correlated assets. Details are not public.
04
Strategies and Vaults
The navigation lists Strategies and Vaults alongside Markets, suggesting yield and strategy products beyond basic lending.
05
Stake, Pay and Portfolio
Stake, Pay and Portfolio sections appear in the navigation, pointing to staking, payments and a portfolio view. Their details are not described publicly.
06
Multi-asset collateral
Markets cover SOL, WBTC, ETH, cbBTC and xBTC, with asset weights from 50% to 82% shown on the homepage.
Pros and cons
What we like
- Unified Borrow targets users who hold positions across several venues and want one borrowing limit
- Roughly $56.8 million in TVL shows real capital on the platform
- Lists several major collateral assets, including SOL, WBTC, ETH and cbBTC
- Footer links to docs, GitHub and audits, which give users ways to verify claims
- Broader product set with vaults, strategies, staking and payments in the same app
Watch out for
- DefiLlama lists no audits for the protocol, although the homepage footer has an Audits link whose contents are not public
- Listed on DefiLlama only since late December 2025, so the track record is short
- TVL fell 5.2% over seven days, and deposits are concentrated in SOL
- Borrowing against a whole portfolio across venues adds smart-contract and liquidation risk from each venue involved
- Rates, fees and liquidation parameters are not visible
- No governance or protocol token, so there is no token-based community ownership or incentive layer
Project 0 fees
The project does not publish a fee schedule. The Markets page shows live APY and liquidity for each asset, and these are where users would see current lending and borrowing rates.
Any protocol fees, liquidation penalties and Solana network fees are not stated publicly. Check the docs and each market page before borrowing.
Is Project 0 safe?
DefiLlama lists zero audits for Project 0, although the site footer links to an Audits page. The contents of that page are not public, so audit coverage cannot be confirmed here. The protocol has been listed only since December 2025, so it has little history under stress.
Lending protocols carry smart-contract, oracle and liquidation risk. A cross-venue model also exposes users to the risks of every venue involved. The project does not describe custody, admin keys, insurance or any past incident. Only deposit what you can afford to lose, and confirm the service is available to you under local rules.
6 steps
How to get started with Project 0
- 1
Read the docs and the Audits page linked from the site footer to understand the risks.
- 2
Confirm that using the protocol is permitted where you live and review the Terms and Privacy pages.
- 3
Set up a Solana wallet and fund it with a supported asset such as SOL, WBTC, ETH or cbBTC, plus a little SOL for network fees.
- 4
Open the Markets page, connect your wallet with the Wallet or Sign in button, and compare APY, weight and liquidity.
- 5
Start with a small deposit in the Lend view to see how the position appears in Portfolio.
- 6
If you borrow, keep a wide safety margin above the liquidation threshold and monitor the position.
Who Project 0 is for
Project 0 is for experienced DeFi users on Solana who hold assets across several protocols and want to borrow against them in one place. It is less suited to beginners, who may find cross-venue collateral and liquidation mechanics hard to manage.
Project 0 FAQs
What is Project 0?
Project 0 is a Solana-based lending and borrowing protocol. DefiLlama describes it as a DeFi-native prime brokerage that lets users borrow against their entire DeFi portfolio across multiple venues.
Which blockchain does Project 0 use?
Public sources show it running on Solana only. The markets page lists SOL, WBTC, ETH, cbBTC and xBTC, with SOL holding the largest deposits at about $10.2 million.
Has Project 0 been audited?
DefiLlama lists no audits for Project 0, but the homepage footer links to an Audits page. Check that page and the documentation yourself before depositing, and remember that an audit does not remove smart-contract risk.
Does Project 0 have a token?
No. DefiLlama shows token=none, and public sources name no token ticker for the protocol. Check official channels for any later announcements.
What are the fees and rates?
The homepage shows live rates and liquidity but the project does not include fee figures, so they are not stated here. Check each market on the app for current APYs, weights and any protocol fees.
Is borrowing on Project 0 risky?
Any leveraged borrowing can be liquidated if collateral falls in value. Project 0 lists asset weights, for example up to 80% for SOL and 50% for WBTC and ETH, which affect how much you can borrow. Understand liquidation rules in the docs first.
Compare
Project 0 alternatives
Save, formerly Solend, is a Solana lending and borrowing protocol where users earn interest on deposits or borrow against collateral.
Kamino Lend is a peer-to-pool lending market on Solana where users earn interest on deposits or borrow against crypto collateral.
Jupiter Lend is the lending and borrowing product of the Jupiter platform on Solana, offering yield vaults and leveraged loops for DeFi users.
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.
Same category
More Lending dApps
SparkLend is a stablecoin lending market on Ethereum and Gnosis with governance-set rates, backed by Sky's Liquidity Layer, for borrowers and savers.
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.
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.
Same chain
More on Solana
Lido is a liquid staking protocol where users stake ETH and receive stETH, a reward-earning token usable across DeFi, governed by LDO holders.
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.
Jito Liquid Staking lets Solana users stake SOL for JitoSOL, a liquid token that accrues staking and MEV rewards.
Marinade is a Solana staking protocol offering native and liquid staking (mSOL) via an auction where validators bid for delegated SOL.
Across is an intent-based cross-chain bridge and swap protocol for moving tokens between Ethereum, rollups and other chains, with an API for apps.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.