Silo Finance

Silo Finance is a non-custodial, decentralized lending protocol that brings isolated lending markets to all crypto assets. Founded in 2021, Silo creates separate, isolated money markets called Silos for each token asset, pairing it with a bridge asset such as ETH or a stablecoin. This risk-isolation design means that if one token experiences an exploit or adverse event, other markets within the protocol remain unaffected. Unlike traditional pooled lending protocols, Silo allows lending and borrowing markets to be created permissionlessly for any asset, including niche tokens difficult to list elsewhere. The protocol is governed by a decentralized autonomous organization (SiloDAO) using the $SILO governance token, and operates on Ethereum and Arbitrum.