Based Loans launched on Base mainnet in May 2026 with a full-featured borrowing and lending protocol, 25 supported collateral tokens, and a completed security audit. The list has since grown to over 100 tokens. This page tracks what is live and what is coming next.


What's live

  • ✅ Protocol live on Base mainnet (chainId 8453)
  • ✅ Over 100 collateral tokens, up from 25 at launch, including tokenized stocks and escrowed tokens
  • ✅ Borrowing: open loans, partial buybacks, expiry handling
  • ✅ Lending: USDC deposits, collateral settings, yield distribution, collateral claiming
  • ✅ Multi-source oracle (V3-compatible TWAP + DIA), plus ratio-based pricing for escrowed and staked tokens
  • ✅ Security audit completed by Hashlock
  • ✅ DAO ownership via Monstro DAO (5-of-7 multisig)
  • ✅ Labs operator via Monstro Labs (2-of-2 multisig)

What's next

The following items are in progress or planned. Timelines are not published because they depend on audits, governance, and market conditions.

  • Additional token listings as new projects apply and meet listing criteria
  • Lender dashboard improvements, including better visibility into matched loans and yield history
  • Mobile UX refinements across borrowing and lending flows
  • Expanded oracle coverage to support a wider range of collateral tokens
  • DAO governance integration: Monstro DAO members already vote on proposals, and protocol parameter changes can be put to a vote

How to stay updated

The best way to follow development is on X at @based_loans. Significant protocol changes, new token listings, and governance actions are announced there first.

Community discussion happens on Discord.