Key Metrics
Fees (Annualized)$3.62m
Fees 30d$136,171
Near$136,171
Fees 7d$29,632
Near$29,632
Fees 24h$3,698
Near$3,698
Cumulative Fees$4.89m
Near$4.89m
Revenue (Annualized)$907,004
Revenue 30d$34,132
Near$34,132
Revenue 7d$7,399
Near$7,399
Revenue 24h$931
Near$931
Cumulative Revenue$1.22m
Near$1.22m
Active Loans$20.63m
Total Raised$5m
Mar 31, 2022$5mRound: Investors: Dragonfly Capital, ParaFi Capital, Jump Crypto, Lemniscap, Mentha Partners, Warburg Serres Investments, QCP Capital, DeFi Capital, D1 Ventures, GFS Ventures, SevenX Ventures, IOSG Ventures, Kronos Research, Move Capital, Metaweb Ventures
Protocol Information
Rhea Lending is a decentralized, non-custodial, pool-based interest rates platform that enables users to supply assets to earn interest, and to borrow against them to unlock liquidity. Burrow is similar in nature to Aave, Compound, and other pool-based protocols.
Category:Lending
Audits:
Methodology
TVL: Summed up all the tokens deposited in their main lending contractView code on GitHubFees: Interest paid by borrowersView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubHacks
Date: Apr 16, 2026
Amount: $18.4m
Classification: Protocol Logic
Technique: Fake Collateral Exploit
Chains: Near
Language: Solidity
Target Type: DeFi Protocol
Returned Funds: $18.4m
Competitors
Frequently Asked Questions
What is Rhea Lend?
Rhea Lending is a decentralized, non-custodial, pool-based interest rates platform that enables users to supply assets to earn interest, and to borrow against them to unlock liquidity. Burrow is similar in nature to Aave, Compound, and other pool-based protocols.
What is Rhea Lend's TVL?
Rhea Lend currently has $78.36m in total value locked. TVL has decreased 5.3% over the past 30 days.
What chains does Rhea Lend operate on?
Rhea Lend operates on Near. Near holds the largest share at 100%.
How much has Rhea Lend generated in fees and revenue?
Over the past 30 days, Rhea Lend generated $136,171 in fees. Of that, $34,132 was protocol revenue. Based on the trailing year, the annualized rate is $3.62m in fees and $907,004 in revenue.
How much has been borrowed through Rhea Lend?
Rhea Lend currently has $20.63m in active loans.
Has Rhea Lend ever been exploited?
Rhea Lend has 1 recorded security incident. The most recent incident occurred on Apr 16, 2026 and involved $18.4m. It was classified as Protocol Logic.
