Lend & Borrow on THORChain
A decentralized money market connecting lenders and borrowers. Earn passive income or access liquidity — fully on-chain, no intermediaries.
Earn passive income
Deposit your tokens into lending vaults and start earning interest immediately. You receive interest-bearing receipt tokens that accrue value over time. Withdraw anytime — no lock-ups.
- 90% of interest revenue flows to lenders
- Receipt tokens grow in value automatically
- Withdraw whenever utilization allows
Access liquidity without selling
Borrow against your crypto holdings with overcollateralized loans. Keep exposure to your assets while unlocking capital. All loans require a maximum 70% Loan-to-Value ratio.
- Permissionless — no KYC or credit checks
- Multiple collateral types in one account
- Choose your own liquidation preferences
Three simple steps
Deposit
Supply tokens to a lending vault. Your deposit starts earning variable interest immediately.
Earn or Borrow
Lenders earn interest as borrowers pay fees. Borrowers access liquidity without selling their holdings.
Stay protected
All loans are overcollateralized. Market-based liquidations via the RUJI Trade order book keep penalties low.
Cross-marginated accounts
Deposit multiple collateral types — tokens and LP tokens — each with distinct collateral ratios in a single account.
Collateral swapping
Exchange collateral types without repaying your loan first. Rebalance your position on the fly.
Variable interest rates
Rates adjust dynamically based on asset utilization, creating natural market equilibrium between supply and demand.
Market-based liquidations
Liquidated collateral sells via the RUJI Trade order book with competitive bidding — typically lower penalties than other protocols.
RUJI Money Market
liveRUJI Lending is a decentralized money market connecting lenders and borrowers of crypto assets. It enables lenders to earn interest on their tokens, and borrowers to secure loans against their crypto collateral.