what's Tydro?
Tydro is a decentralized lending protocol built as a white-label instance of Aave v3 on the Ink Chain, an Ethereum Layer 2 solution incubated by Kraken and the Ink Foundation. It enables users to supply assets as collateral to earn interest and borrow against them in a non-custodial manner, inheriting Aave's battle-tested risk management, liquidation mechanisms, and variable interest rate model. The protocol supports the native INK token for governance and incentives, integrating seamlessly with Ink's ecosystem to provide low-cost, scalable DeFi primitives. Designed as core infrastructure for DeFi on Ink, Tydro facilitates on-chain borrowing and lending tailored for both retail and institutional users. It allows for custom configurations while maintaining Aave's security features, such as isolated markets and efficient oracle integrations for price feeds. Kraken plans to integrate Tydro into its centralized exchange, bridging CeFi and DeFi for smoother access to liquidity opportunities. The protocol's launch emphasizes composability within the Ink ecosystem, enabling further DeFi applications like leveraged yield farming or collateralized loans against mixed assets. By leveraging Aave's open-source code under a licensing agreement approved by Aave DAO, Tydro expands institutional-grade lending while sharing revenue with Aave and contributing to Ink's growth through token airdrops and liquidity incentives.
Tydro shows fantastic growth on Ink chain.
Links
x.com/tydrohqShows fantastic growth on Ink chain.
Integrated with CoW Protocol to enable swaps on Ink chain.
Expected to receive 4% of Ink supply from an anticipated airdrop allocation.
The lending platform runs on Aave's infrastructure as a whitelabeled instance with full stack ownership, in partnership with Kraken and Ink.
Tydro lending platform reaches $450M in supplied assets during November's growth period on Ink chain.
Supply caps on the wrsETH market on Ink chain have reached maximum capacity. Caps will increase soon to accommodate demand.
Chaos Oracles now power markets with high-precision, risk-aware, sub-second pricing across all market conditions.
Native rsETH minting and bridging goes live on Ink chain, with Tydro integration now available alongside Velodrome.
The rewards program was modified on Nov 18th to eliminate points for looping, now only awarding points for asset supply. Specific point rates are set for each asset with USDC earning the highest at 0.35 points/$1000 daily, and the program ends Jan 14, 2026.
weETH asset now available on the platform for bridging, looping, and collateralization.
Tydro is described as a lending platform from Kraken by an active user farming on the protocol.
Launched MCP (Model Context Protocol) for lending and borrowing, supporting ETH/kBTC supply, USDT borrowing, repay/withdraw operations, live rate queries, and position checks. Offers earning through four score buckets, Ink airdrops, and The Deep incentives.
The points rewards program distributes via Merkl platform and supports USDC with CCTP cross-chain functionality alongside BTC and ETH.
Launches Ink Points rewards program for asset suppliers, covering USDT0, USDG, GHO, ETH, and kBTC.
As of Oct 20, TVL stands at 239.2M with stablecoins on Ink totaling $100.32M.
Tydro's Aave market approaches the 200M milestone.
More than $124M in deposits recorded in the first 24 hours after launch.
Launched as a native lending and borrowing protocol on Kraken's Ink Chain.
Uses Chaos Labs Oracles for price and risk, with reserve oracles launching soon.
Kraken-backed Ethereum L2 Ink integrated Solv Protocol with Tydro, its white-label Aave v3 protocol, enabling borrowing of multiple assets using SolvBTC as collateral with INK token support.