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Fluid
DeFiTier-2No KYC

Fluid

Smart-collateral DeFi lending with DEX-integrated capital efficiency.

4.0
TVL: $1.6B Visit website

Overview

Fluid is a next-generation DeFi lending protocol on Ethereum that introduces dynamic risk parameters and optimized capital efficiency. The protocol aims to improve upon traditional lending models with innovative liquidation mechanisms and more efficient use of collateral.

Dynamic Risk Parameters

Fluid's key innovation is its dynamic risk parameter system — risk parameters like LTV ratios and liquidation thresholds adjust automatically based on market conditions, providing better protection during volatile periods.

Capital Efficiency

Fluid is designed for optimized capital efficiency, allowing users to borrow more against their collateral compared to traditional protocols, while maintaining safety through dynamic risk management.

Pros & Cons

Pros

  • Dynamic risk parameters that adjust to market conditions
  • Optimized capital efficiency — borrow more against collateral
  • Innovative liquidation mechanisms
  • Non-custodial — no KYC required
  • Next-gen architecture on Ethereum
  • Improved safety during volatile periods

Cons

  • Newer protocol with limited track record
  • Smaller TVL compared to established protocols
  • Complex dynamic system may be difficult for beginners
  • Limited to Ethereum ecosystem

Key Features

Smart collateral unification
DEX-integrated lending
Real-time LTV
Permissionless pools
Capital efficiency

Frequently Asked Questions

What is Fluid protocol?

Fluid is a next-generation DeFi lending protocol on Ethereum with dynamic risk parameters that adjust automatically based on market conditions, providing better protection and capital efficiency than traditional lending models.

How do dynamic risk parameters work on Fluid?

Risk parameters like LTV ratios and liquidation thresholds adjust automatically based on market conditions. During volatile periods, parameters tighten to protect the protocol; during stable periods, they relax to improve capital efficiency.

Is Fluid non-custodial?

Yes, Fluid is a fully non-custodial DeFi protocol. Users interact directly with smart contracts using a Web3 wallet. No KYC or personal information is required.

Key Facts

TierTier-2
TypeDeFi
Interest RateSupply: 4-7% | Borrow: 5-8%
LTV RatioUnified collateral positioning
TVL$1.6B
CustodyNon-custodial
KYC requiredNo
Loan TypesSmart collateral + DEX hybrid
CollateralEthereum ecosystem tokens
Founded2023
Trust score80

Supported Chains

Ethereum
Visit Fluid