Sturdy Finance Review 2026: What the Lending Protocol Offers

Sturdy Finance is a DeFi lending protocol that accepts interest-bearing tokens as collateral. Its V2 app and documentation describe risk management, liquidations and interest rates, and its contract code is published in public GitHub repositories.

Public sources do not establish the chains it runs on, its audit history or the team behind it. A 2023 report describes it as an interest-free DeFi lending protocol, and that description should be checked against the current docs.

Public market pages list the STRDY token with a low price and a small market capitalisation. Whether the protocol is still actively used is not confirmed by the sources reviewed here.

Lending protocols let depositors supply assets that others can borrow, and borrowers post collateral to secure loans. Sturdy's stated design accepts interest-bearing tokens as that collateral, so the collateral itself keeps earning yield while it secures a loan.

In a typical over-collateralised loan, a borrower must keep the value of their collateral above a set threshold. If the collateral's value falls too far, the position can be liquidated, meaning part of it is sold to repay the debt. The project's documentation includes separate pages on risk management and liquidations that describe these thresholds.

The project has described itself as interest-free in a 2023 report, while its documentation also has an interest rates page. The material available here does not explain how that claim fits the current rate model, so readers should check the docs for current borrowing costs.

No fee schedule is published in the material available for this page. Check the app and the documentation for borrowing rates, any protocol fees and liquidation penalties before using it.

The material available for this page does not name an audit firm or link to audit reports, so the protocol's code review history cannot be confirmed. Check the documentation and repositories for audits before depositing.

DeFi lending carries smart-contract risk, meaning a bug or exploit can lead to loss of funds. Collateral risk is also present, since yield-bearing tokens can fall in value and trigger liquidations. Users hold their own assets in a self-custody wallet, so they are responsible for keeping keys secure.

The sources reviewed do not describe the project's regulatory status or any past incidents. Online DeFi activity may be restricted or unlawful in some places, so check the rules where you live. Only use money you can afford to lose.

Sturdy is aimed at experienced DeFi users who already hold yield-bearing tokens and understand how collateral thresholds and liquidations work. Newcomers should first learn basic lending mechanics and check the current documentation.