Lending · Review
Tranquil Finance Review 2026: Harmony Lending Risks
Tranquil Finance is a Harmony-based money market for permissionless lending and borrowing. Its current operating status and key market details are unclear, so verify that the app is accessible before considering a deposit.
By the DappsAtlas editorial team · Updated
DappsAtlas score
4.0/10
Weak
Our verdict on Tranquil Finance
4.0/10Tranquil Finance may suit Harmony users looking for a protocol to lend or borrow crypto without permissioned access. Its core offer is straightforward, but important practical details—including supported assets, collateral rules, rates, and fees—are not specified here. The larger caveat is that current app availability is unclear. Two audits are listed, but their scope and results are not clear. Verify that the app and markets are operating, review the displayed terms, and consider smart-contract and liquidation risks before committing funds.
Score breakdown
How Tranquil Finance scores
- Security
- 4.0/10
- Ease of use
- 4.0/10
- 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 Tranquil Finance?
Tranquil Finance is described as the first algorithmic money market protocol on Harmony. It enables permissionless lending and borrowing, and is associated with the TRANQ token.
The protocol’s current operating status is unclear. Supported assets, collateral rules, rates, fees, and the team behind the project are not specified here, so check whether the app and relevant markets are available before considering a deposit.
How Tranquil Finance works
Tranquil Finance is described as an algorithmic money market: users can supply assets to lending markets and borrow assets through the protocol. In a typical money market, supplied funds are made available to borrowers, and borrowing usually depends on collateral and market rules. Tranquil Finance’s current supported assets, collateral requirements, and exact market mechanics are not specified here.
Lending and borrowing are permissionless on Harmony, where transactions are described as fast and inexpensive. Rates, fees, liquidation rules, and current market availability can change or may not be available; check the app’s displayed terms before taking a position. Smart-contract failures and network issues can also put funds at risk.
4 features
Key features
01
Asset lending
The protocol is described as allowing users to supply assets to lending markets. Current supported assets and market terms are not specified.
02
Asset borrowing
Users can borrow through the protocol, though current collateral requirements and borrowing limits are not specified.
03
Permissionless markets
The protocol is described as permissionless, with lending and borrowing on the Harmony blockchain.
04
TRANQ token
Tranquil Finance is associated with the TRANQ token. Its present utility is not specified.
Pros and cons
What we like
- Supports both lending and borrowing on Harmony.
- Described as permissionless, without an account-based approval process.
- The Harmony network is described as offering fast, inexpensive transactions.
Watch out for
- It is unclear whether the app is currently operational; check access before relying on it.
- Current supported assets, collateral rules, and market parameters are not published here.
- Fees and borrowing rates are not published.
- Two audits are listed, but their names, scope, and findings are not clear.
- Lending and borrowing carry smart-contract, liquidation, and Harmony-network risks.
Tranquil Finance fees
Fees and borrowing rates are not published here. Check the app’s transaction and market screens for any protocol charges, network costs, and current rates before confirming a transaction.
Is Tranquil Finance safe?
Two audits are listed, but their names, scope, and findings are not clear. Treat this as limited assurance: audits cannot guarantee that smart contracts are secure, and lending or borrowing can expose users to contract, liquidation, and network risks.
The app’s current operating status is unclear, and no incident history or regulatory status is established. Check that the app and markets are functioning before depositing; only use funds you can afford to lose.
5 steps
How to get started with Tranquil Finance
- 1
Confirm that the Tranquil Finance app is accessible and that its Harmony markets are operating.
- 2
Use a wallet that supports Harmony and check that it is connected to the correct network.
- 3
Review the available lending and borrowing markets, including supported assets and any displayed terms.
- 4
If you proceed, start with an amount you can afford to lose and review the transaction details in your wallet before approving it.
- 5
Monitor any supplied or borrowed position and its displayed terms; do not assume the app will remain available.
Who Tranquil Finance is for
Tranquil Finance is aimed at crypto users who want to lend or borrow assets on Harmony through a permissionless money market. It is a poor fit for anyone who needs clear published fees, current market details, or confirmed app availability before deciding whether to deposit.
Tranquil Finance FAQs
What is Tranquil Finance?
Tranquil Finance is described as a permissionless lending and borrowing protocol on Harmony. Whether its app is currently available is unclear, so confirm access before connecting a wallet or depositing assets.
What is the TRANQ token?
The protocol is associated with the TRANQ token. Its current role, supported markets, and token-related features are not specified here.
What are Tranquil Finance’s fees?
Fees and borrowing rates are not published here. Check the app’s market and transaction screens for any current charges or rates before using the protocol.
Has Tranquil Finance been audited?
Two audits are listed, but their names, scope, and findings are not clear. An audit does not eliminate smart-contract risk, and users should review any available reports before depositing.
Is Tranquil Finance still active?
The current operating status is unclear. Confirm that the app is accessible and that the relevant Harmony markets are functioning before attempting to lend or borrow.
Does Tranquil Finance offer gambling?
Tranquil Finance is a crypto lending protocol, not a gambling service. If you are considering online gambling elsewhere, check local laws; gambling should be limited to adults aged 18 or over and approached responsibly.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.