Apps / Dossier · Stablecoin debt · № 1470

Stablecoin debt

Interest Protocol

Borrow against your crypto — keep upside on your token, walk away with cash you can spend.

Visit official site ↗ @InterestDeFi

Total value held · all chains

$1.23 Million

▼ -3.87% this week

100% on Ethereum · also on 0 other chains

Chains

Live yield options

Best reward rate

—

Live since

2022

Where it runs

Available on 1 chains

01
Ethereum

$1.23Million

value held

→

Earn here · live yield options

Yields available on Interest Protocol

Interest Protocol doesn't currently expose live yield options we track. Visit the official site to see what they offer right now.

How it works

Using Interest Protocol in three steps

1

Lock up collateral

Deposit a token you trust (often ETH or BTC) as collateral.
2

Mint a stablecoin

Borrow a stablecoin against your collateral. You keep upside on the original token, walk away with cash.
3

Watch the ratio

If your collateral falls in price, your loan can be liquidated. Keep a safety buffer or top up.

What can go wrong

Honest risks

Liquidation: If your collateral falls in price below the safety threshold, part or all of it gets sold to repay your loan — usually at a penalty.
Stablecoin de-peg: The stablecoin you mint can briefly trade below $1, especially during volatile markets.

Audit trail

2 public audits on file

Audit report №1 ↗

Read up

About Interest Protocol

Interest Protocol is a borrow/lend protocol that is highly capital-efficient thanks to its unique combination of fractional reserves and over-collateralization. Depositors may mint USDi, which is a stablecoin pegged 1-1 with USDC that automatically pays interest to holders via rebasing.

Description provided by the protocol team. Always verify directly before depositing funds.

Frequently asked

What people ask about Interest Protocol

What is Interest Protocol?

Interest Protocol is an on-chain app. Borrow against your crypto — keep upside on your token, walk away with cash you can spend.

Is using Interest Protocol safe?

Interest Protocol has 2 public audits on file. Audits help — they don't eliminate risk. Always check what tokens you're depositing and never put in more than you can afford to lose.

How much can I earn?

Right now yields on Interest Protocol run varies by option per year, depending on which pool you pick and which chain you use. Rates change with demand.

Which chains does it run on?

Interest Protocol runs on 1 chains, including Ethereum. Each chain has its own fees and speeds — pick the one you already use.

Figures are reference values aggregated from public sources and refresh hourly. Always confirm directly before depositing funds.

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