Is ZeroLend Safe?
Risk Grade: C+ (36/100)
ZeroLend is rated as elevated risk — multiple novel mechanisms and notable interaction risks.
Moderate risk — Aave's proven code helps, but deploying on five young L2s with thin liquidity and concentrated governance multiplies failure points
A lending protocol forked from Aave and deployed across five newer blockchains including zkSync, Linea, and Blast. It manages $100M in deposits. Its C grade reflects the compounding risk of running on multiple young blockchains with thin liquidation coverage, extreme token concentration, and a codebase that diverges from the battle-tested Aave original.
TVL
$4M
Mechanisms
8
Interactions
6
Value Grade
C-
Key Risks for ZeroLend Users
Newer blockchains like zkSync and Blast have fewer bots to liquidate bad loans -- during a price crash, bad debt piles up faster than anyone can clean it
Ten wallets hold over 90% of the governance token, and with under $10M in token value, anyone could buy control of the protocol and change the rules
Every deposit sits on a bridged blockchain -- if any one of those bridges gets hacked, all collateral on that chain becomes worthless overnight
Top Risk Factors
- •Multi-chain deployment across emerging L2s (zkSync, Linea, Blast) inherits bridge and sequencer risk from each chain
- •Extreme token concentration (top 10 wallets hold 90%+ of ZERO supply) creates governance capture risk at trivial cost
- •Aave v3 fork with modifications introduces divergence risk where upstream security patches may not apply cleanly
Risk Score Breakdown
ZeroLend's highest risk area is Vitality Risk (9/10). Here's how each dimension contributes to the overall 36/100 score:
Read the Full ZeroLend Risk Report
This protocol has 3 collapse scenarios. 1 critical and 3 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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