Everything you need to know about Layerbank, DeFi lending, and cross-network borrowing.
Layerbank is a decentralized money market protocol that enables users to supply crypto assets to earn yield and borrow against their collateral — all without intermediaries. Layerbank aggregates liquidity across multiple blockchain networks, making DeFi lending accessible and efficient. Users interact directly with audited smart contracts, maintaining full control of their funds at all times.
Layerbank is truly multi-chain and currently supports Linea, Rootstock, Movement, Manta, Scroll, Taiko, Plume, Hemi, Nibiru, and Mint networks. The protocol is designed to expand to additional networks as the ecosystem grows. This cross-network approach ensures that users can always find the best rates and deepest liquidity for their preferred assets.
Layerbank employs overcollateralized lending, meaning borrowers must provide more collateral than they borrow, creating a safety buffer. All smart contracts are professionally audited by leading security firms. The protocol also uses real-time price oracles and automatic liquidation mechanisms to ensure solvency. Risk parameters such as loan-to-value ratios and liquidation thresholds are carefully calibrated per asset.
The LAB token is the native governance and incentive token of the Layerbank ecosystem. LAB holders can participate in governance votes that determine protocol parameters, supported assets, and treasury allocation. The token is also distributed as rewards to active suppliers and borrowers on the platform, aligning incentives between the protocol and its users. L.Points earned through activity can be converted to LAB rewards.
Getting started with Layerbank is straightforward. Connect your EVM-compatible or MOVE wallet, select the network you want to use, and navigate to the Bank section. Choose an asset from the market list, click to supply, approve the transaction, and start earning interest immediately. Supply APR is displayed in real-time for every asset. Additionally, you earn L.Points that convert into LAB token rewards over time.
