ZeroLend is a decentralized lending protocol that focuses on DeFi lending, RWAs, privacy, and account abstraction. It is currently the largest lending protocol on zkSync and the third-largest on Manta by total value locked (TVL). The project plans to launch its native governance token ZERO in Q1 2024 and run a series of airdrop initiatives under its Zero Gravity campaign to engage users. ZeroLend reports rapid growth, with TVL rising roughly 1500% from $3 million to $50 million and averaging around 100k daily active users. The protocol highlights integrations with Pyth and potential future integrations across the Manta and zkSync ecosystems. Development and expansion have been incubated by MahaDAO and are funded in part by recent seed and private round financing.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2024