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Lista Lending
Lista Lending is a decentralized peer-to-peer lending protocol on BNB Chain that lets users borrow by posting crypto as collateral or earn interest by supplying assets. Using a vault-based system, it matches lenders and borrowers across markets, offering flexible loans, fair rates, and protections like collateral requirements and liquidations.
- Documentation
- Auditors
- Please see our FAQ on experienced auditors
- Website
- Token: LISTA
- Tags: Lending
- TVL: $1.1B (Rank #42)
- TVL Ranking by Lending: #11
- Blockchain: Binance
- Chain TVL
- Binance: $1.07B
- Code reviewed by several experienced auditors; Bailsec, Blocksec and Certik
- Public team promotes accountability
- No documented protocol hacks since launch
- Latest protocol version launched in 2025; maturity less than six months increases technical risk as smart contracts are less battle-tested
- Top 5% by total value locked reduces risk
- Requires members of a DAO to vote on-chain for approving contract upgrades
- Low voting power concentration reduces risk
- Robust controls to mitigate oracle price manipulation
- Isolated markets enable asset risks to be contained to each individual pool without impacting the entire protocol
- Solid controls in place to prevent risky borrowing
- Solid mechanisms in place to ensure healthy liquidations
- No reserves or no stability module
What is Lista Lending
Lista Lending is a decentralized peer-to-peer lending protocol built on BNB Chain. Instead of relying on a single shared pool, Lista uses a vault-based system where liquidity is allocated across isolated lending markets. Each market pairs one collateral asset with one loan asset (like slisBNB–lisUSD) and operates independently, helping to contain risk if one market underperforms. Anyone can create new lending markets without needing DAO approval, making the system fully permissionless and modular.
How Lista Lending makes money
Lista earns from protocol and vault-level fees. Each vault can charge up to 50% of generated profits as a management fee, with additional protocol-level fees defined by Lista DAO. The platform also retains small portions of borrower interest and liquidation penalties.
How you make money on Lista Lending
Lenders deposit assets into vaults or directly into markets to earn interest paid by borrowers. Vaults automatically manage risk and allocate liquidity across markets, so passive lenders can earn yield without managing loans themselves. Borrowers, on the other hand, can use supported assets like slisBNB or lisUSD as collateral to access liquidity, paying variable interest rates based on demand.
