On-chain credit layer for real-world assets.

Alula is a configurable lending protocol on Stellar designed for both open DeFi markets and institutional RWA-backed credit. Supply assets to earn yield, borrow against collateral, or use Multiply to build leveraged positions — all with isolated risk per pool. Learn more about how Alula works →

Yes. Alula's smart contract architecture has been audited by Halborn, and protocol security has been reviewed and validated by Highland Security. All identified issues have been addressed. Full reports available.
Risk is managed through isolated pools (no cross-contamination), time-locked governance (advance notice of parameter changes), multi-oracle controls, and an insurance fund for bad debt coverage.

Returns vary by pool risk tier and collateral type. RWA-backed pools typically offer lower volatility with predictable yield, while crypto-native pools may offer higher rates with variable returns. Check each pool's current APY in the app for live rates. Explore available pools →

RWAs (Real-World Assets) are tokenized versions of off-chain assets like Treasury bills, invoices, or tokenized stocks. They bring lower-volatility collateral and institutional-grade borrowing demand on-chain, creating new yield opportunities for lenders and credit access for borrowers without selling their holdings. Learn more about RWA use cases →

1. Connect your Stellar wallet (Freighter, Lobstr, etc.)
2. Browse available pools and choose your risk exposure
3. Supply assets to earn yield, borrow against collateral, or open a Multiply position for leveraged exposure

It depends on the pool. Open pools are permissionless — no KYC required. Structured pools (designed for institutional RWA markets) may require KYC/allow-listing depending on the pool's compliance requirements. You'll see the status clearly marked on each pool. Learn about compliance features →

Alula uses two fee types:

• Take rate: A percentage of borrower interest that goes to protocol revenue before reaching lenders. Your displayed supply APY is always net of the take rate.
• Operation fees: One-time fees on certain actions (borrowing, flash loans) as a percentage of the principal. Fee structures vary by pool and are shown transparently before you transact.

Learn about the fee model →