#zkLendMainnet now LIVE!

zkLend
zkLend
Published in
3 min readOct 19, 2023

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zkLend: From Alpha to Mainnet Mastery

Today, zkLend proudly announces its full-fledged mainnet launch, marking an important step since our alpha release. In a short span of less than five months since our mainnet alpha, we have not only grown exponentially to over $7mn in TVL but have also firmly cemented our position as Starknet’s premier borrowing and lending platform.

Redefining DeFi with Cutting-Edge Innovations

zkLend’s mainnet debut isn’t just about maturity; it’s about pioneering innovations.

  • Enter multicall: Say goodbye to the tedium of multiple transaction signings for a singular task.
  • More assets to support your DeFi ambitions: We’re thrilled to introduce an expanded range of assets, prominently featuring wstETH, a game-changer in the realm of staking. Users are now able to craft even more sophisticated DeFi strategies involving wstETH deposit and lending.
  • A codebase more secure than ever: nothing is more important than ensuring our users are in safe hands. Our strategic choice to harness the power of the Cairo VM demonstrates our unwavering commitment to offer unparalleled scalability and continuously improve security in the DeFi landscape.
Our mainnet launch introduces a new wstETH market.

Leading the Pack in Starknet’s DeFi Space

As of today, we are not only the largest lending protocol on Starknet, commanding a staggering 17.6% of Starknet DeFi TVL. Our milestone of being the first money-market protocol on Starknet to deploy, was simultaneously complemented by Nethermind Security’s audit and Formal Specification. The team is not just committed to shipping products but also to long term product security and longevity for users. Read more about it here.

Our audit report from Nethermind is available to read. Source: https://twitter.com/NethermindStark/status/1714952881512616409

Charting the Path Forward

In the immediate term, we’re gearing up to introduce user-centric features such as one-click bridge & deposit, transaction builders, and many more. Our goal is simple — be the most intuitive DeFi lending market for users to navigate.

Our overarching vision is to redefine DeFi’s liquidity layer, bridging the gap between multiple L2 rollups, serving both retail and institutional clientele. As we continue our journey, we invite you to be a part of this revolution, shaping a decentralised financial landscape that’s both robust and revolutionary.

For more insights and to be a part of our journey, visit zkLend’s website and join our communities below.

About zkLend

zkLend is the native money-market protocol on StarkNet, an L2 scaling solution combining zk-rollup scalability, superior transaction speed, and cost-savings with Ethereum’s security.

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zkLend
zkLend

zkLend is an L2 money-market protocol built on StarkNet, combining zk-rollup scalability, superior transaction speed, and cost-savings with Ethereum’s security.