← Back to all apps

What is LayerBank?

Layerbank is a decentralized lending protocol designed to become a universal liquidity hub on all chains.

LayerBank boasts impressive key metrics, including a TVL (total value locked) of over $400M, loan volume exceeding $50M, and a user base of more than 693,800. The platform is supported by a strong community of 150K+ on Discord and X, and the team has formed over 30 strategic partnerships with top chains and protocols such as EtherFi, Renzo, and StakeStone.

Unlock additional features by staking LayerBank’s token, $LAB:

  • Yield Boosting: Access higher APR based on your $LAB stake.
  • Revenue Sharing: Earn a share of the platform's weekly fees, proportional to your stake.
  • Automatic $LAB Buyback and Burn: Platform fees trigger automatic $LAB buybacks, with a portion of revenue allocated to burning tokens, reducing the overall supply.

More Applications

Updates from LayerBank