ZeroLend Vaults Review 2026: Curated Lending on Four Chains

ZeroLend Vaults are vaults curated by the ZeroLend team. ZeroLend itself describes its protocol as an open-source system for non-custodial liquidity markets, where users earn interest by supplying assets and can borrow with variable or stable rates.

The vaults are tracked on Ethereum, Berachain, Linea and Sonic and hold about $1.84M in total value locked. They have been tracked since August 2025. In that data they sit in a risk-curator category, meaning a curator manages risk and allocation on behalf of depositors.

No audits are listed, no token is listed, and the project does not publish fee details in the material reviewed. That makes the vaults a small, early-stage product where users need to do their own checking.

A curated vault pools deposits from many users and hands management to a curator. The curator decides which lending markets the pooled funds go into and under what risk limits. Depositors receive a share of the vault, and its value grows as the underlying markets earn interest.

ZeroLend describes its base protocol as an open-source, non-custodial liquidity market. Users supply assets to earn interest, and borrowers pay interest, at variable or stable rates. The vaults add a layer where ZeroLend's team makes the allocation decisions.

The exact allocation strategy, supported assets and limits for these vaults are not set out in the material reviewed. Returns depend on borrower demand in the underlying markets and on the curator's choices.

The material reviewed does not publish vault fees, such as performance or management fees charged by the curator. Underlying lending interest rates are described as variable or stable at the protocol level, but no vault-specific figures are given.

Before depositing, check the vault page in the ZeroLend app for any fee, withdrawal terms and the current yield. Network gas costs on each chain also apply to deposits and withdrawals.

No audits are listed for the vaults in the tracking data, and its homepage reviewed does not link to any. That is a meaningful gap for a product that holds user funds. Check the documentation for audit reports and the status of the underlying contracts before depositing.

Risks include smart-contract bugs, curator allocation mistakes, losses in the underlying lending markets and limited liquidity for withdrawals. The protocol describes itself as non-custodial, so users keep control of their wallet keys, but funds in vault contracts are still exposed to contract risk. No incidents are mentioned in the material reviewed. Regulatory status for the vaults is not stated. Check what rules apply in your country.

Experienced DeFi users who already know how lending markets and vaults work and want a curator to manage allocation. It is a poor fit for beginners, anyone who needs audited contracts, or people who cannot accept the risk of losing deposited funds.