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Colend — Lend & Borrow on Core Blockchain

The first native lending and borrowing protocol on Core. Supply assets to earn yield, borrow against collateral, and get rewarded in CLND — all without giving up custody of your funds.

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Key Features of Colend

Non-Custodial by Design

Your assets never leave your control. The Colend platform holds funds in audited smart contracts, not in a company wallet. You retain your private keys at every step.

Algorithmic Interest Rates

Rates adjust automatically based on pool utilization, similar to how Aave pioneered on Ethereum. No manual intervention needed — the math keeps markets balanced.

ERC-4626 Compatible Tokens

Interest-bearing positions issued by Colend's protocol follow the ERC-4626 tokenized vault standard, making them composable with other DeFi tools right out of the box.

CLND Governance Token

CLND holders shape the protocol. Vote on new asset listings, adjust collateral factors, and direct treasury spending. Meaningful governance, not cosmetic voting.

Multi-Market Support

The Colend platform runs separate market segments — Core and LSTBTC — each with its own risk parameters. This isolation limits contagion between asset classes.

Liquidation Protection Tools

Real-time health factor tracking and configurable alerts help you stay above the liquidation threshold. The protocol also offers a grace period mechanism being discussed in governance.

Low-Cost Transactions

Core blockchain's fee structure keeps gas costs far below Ethereum mainnet. Frequent small deposits and repayments are practical — not prohibitively expensive.

How Colend Works

1

Connect your wallet

Open the Colend application and click "Connect wallet." Choose MetaMask, WalletConnect, or another supported provider. Switch your wallet network to Core mainnet before proceeding — the app will prompt you if needed.

2

Choose a market and supply assets

Browse the markets list. Select an asset — CORE, USDT, BTC, or others — and enter the amount you want to supply. Confirm the transaction in your wallet. Interest starts accruing immediately.

3

Enable collateral (if borrowing)

Toggle the supplied asset as collateral in your dashboard. This unlocks borrowing power. Each asset has its own loan-to-value ratio set by the team behind Colend through governance votes.

4

Borrow against your collateral

Go to the "Borrow" tab, pick the asset you need, and specify the amount. Watch your health factor — keep it comfortably above 1.0. The borrowed tokens arrive in your wallet instantly.

5

Repay and withdraw whenever you like

Repay your loan at any time, partially or in full. Once your debt is cleared, withdraw your supplied assets plus accrued interest. No lock-up periods, no permission required.

Why Colend

Built natively for Core

Most lending protocols started on Ethereum and bolted on cross-chain support later. Colend was designed from day one for Core blockchain, which means deeper integration with CORE's validator set and Bitcoin staking infrastructure. That matters for long-term reliability.

Transparent, audited codebase

The Colend protocol's contracts are publicly verified on-chain. Audits from independent security researchers are published in the Gitbook documentation. The architecture draws from proven patterns — including lessons learned from Aave v2 and v3 deployments — rather than reinventing the wheel.

Real rewards, not dilution

CLND distribution is tied to actual protocol usage. Supply liquidity or borrow assets and you earn tokens proportional to your contribution. Emissions are governed by CLND holders. Honestly, it's a more direct connection between work and reward than many protocols offer.

Accessible to everyday users

Low transaction costs on Core mean the Colend platform works for positions of any size — not just whales. A $200 deposit earns meaningful yield without fees consuming most of the return. Find detailed usage guides at our info page.

Colend by the Numbers

$50M+
Total Value Locked (TVL)
2
Distinct Market Segments
10,000+
Active Wallet Addresses
2023
Protocol Launch Year

FAQ

Common questions about the Colend protocol. For a deeper dive, visit the full FAQ page or read technical details on our info page.

What is Colend?

Colend is the first native lending and borrowing protocol deployed on Core blockchain. It lets users supply crypto assets to earn yield, borrow against collateral, and participate in protocol governance through the CLND token.

How do I start supplying assets on Colend?

Connect a Web3 wallet to the Colend platform, select the asset you want to supply from the markets list, enter the amount, and confirm the transaction. You will immediately begin earning interest.

Is Colend safe and audited?

The protocol has undergone smart contract audits by independent security firms. The codebase draws from battle-tested architecture similar to Aave v3, and all contracts are deployed with open-source verification on Core blockchain.

What assets can I borrow on Colend?

The Colend platform supports borrowing of stablecoins and selected crypto assets listed in its markets. Available assets depend on community governance decisions and liquidity conditions at any given time.

Can I borrow if I only hold CORE tokens?

Yes. If CORE is listed as an accepted collateral asset on the protocol, you can supply it and borrow other listed assets against it, subject to the loan-to-value ratios set by governance.

Why should I use Colend instead of other lending protocols?

Colend is purpose-built for Core blockchain, meaning lower fees and faster transaction finality. The team behind Colend has optimized liquidity incentives specifically for Core's native DeFi users.

How does Colend calculate interest rates?

Interest rates are determined algorithmically based on the utilization ratio of each asset pool. When demand for borrowing rises, rates increase to attract more suppliers — the same model Aave uses on Ethereum.

What is the CLND token and how is it used?

CLND is the native governance and reward token of Colend. Holders vote on parameter changes such as collateral factors and new asset listings. Suppliers and borrowers earn CLND on top of standard interest.

How do I avoid liquidation on Colend?

Keep your health factor well above 1.0 by maintaining sufficient collateral relative to your borrowed amount. Monitor your position regularly and repay part of your debt or add collateral if the health factor drops.

What happens during a liquidation on Colend?

If your health factor falls below 1.0, a liquidator can repay a portion of your debt and receive a corresponding amount of your collateral plus a liquidation bonus. This protects the protocol from accumulating bad debt.

Does Colend support the ERC-4626 vault standard?

The protocol's interest-bearing tokens are designed to be compatible with ERC-4626, allowing composability with other DeFi protocols that integrate this tokenized vault interface.

How do I connect my wallet to Colend?

Click "Connect wallet" on the Colend application. Select MetaMask, WalletConnect, or another supported option and approve the connection. Make sure your wallet is set to the Core network before proceeding.

Can I use Colend on a mobile device?

Yes. The Colend platform is responsive and works in mobile browsers. For the best experience, use a wallet app with a built-in browser such as MetaMask Mobile, connected to the Core network.

Where can I find the Colend smart contract addresses?

Official contract addresses are published in the Colend documentation on Gitbook. Always verify addresses against official docs before interacting with any contract to avoid phishing sites.