what's Neverland?
Neverland is a decentralized lending protocol built on the Aave V3 framework, focusing on capital efficiency and sustainable incentives. It introduces advanced features like looping strategies, self-repaying loans, and vote-escrowed (ve) tokenomics to align protocol revenue with users and governance participants. The protocol employs DUST as its native token, with mechanisms for deflation through burns, revenue sharing via weekly epochs for veDUST holders, and NFT-based locking for boosted yields. Deployed on Monad, it emphasizes user-centric flexibility and governance rewards to address inefficiencies in traditional lending markets.
Neverland's DUST/AUSD 80/20 pool launched on Balancer on Monad, providing token liquidity.
DUST/AUSD 80/20 weighted pool launched on Balancer on Monad network, providing liquidity for the token.
Participates as one of ten shortlisted projects in a Liquidity Day event co-hosted by monad_eco and cicada_mm, scheduled for January 29, 2026 at 18:00 GMT+4, where projects pitch to top liquidity providers with live streaming.
Added NFT functionality and launched a marketplace for veDUST NFTs.
Offers 60% APR on looped stablecoins as of January 15, 2026.
Offers up to 22% APY on USDC deposits on Monad.
Hit all-time high on TVL on Monad during the week ending December 21, 2025.
Featured as one of the notable dapps built for Monad with exclusivity and UX focus, receiving user deposits ahead of Monad mainnet launch.
The platform's native token is named DUST, and an active campaign for qualification ends in less than 6 days. Deposits currently pay 3-4 times more than competing platforms, and Pearl rewards from the Monad Mania event may convert to DUST tokens.
The platform launches without LST-MON leverage loop functionality, a feature identified as critical for competing with 14% MON staking APY and driving DeFi TVL on Monad.
Users can game the reward distribution by looping the same asset against itself to significantly increase pool reward shares without liquidation risk.
User testing on Monad reveals the protocol allows borrowing the same asset against itself, which the tester identifies as a critical flaw that removes confidence in the platform.
Available on Monad blockchain from day 1 via Avail Nexus integration, providing cross-chain liquidity access across 13+ networks without requiring bridges, swaps, or gas top-ups.
Integration with Chainlink standard announced this week as part of 62 new Chainlink integrations across multiple blockchain networks.