What Rain.fi does

Rain.fi is a decentralized peer-to-peer lending and borrowing protocol built on the Solana blockchain, founded in 2022 and operated by a France-domiciled entity (Rain.fi / Rain Finance, governed under French law). The platform enables users to post token and NFT collateral to obtain loans, lend liquidity into configurable pools, and purchase NFTs via a buy-now-pay-later structure; it supports 100+ Solana-native tokens and major NFT collections including SOL, BONK, USDC, LSTs, Mad Lads, and SMB. Its core technical differentiator is a duration-based liquidation system in which loans are liquidated by elapsed time rather than by collateral price drops, eliminating volatility-driven liquidations and enabling leveraged token trading and NFT mortgage-style purchases.

The product surface spans the Rain.fi Lending Platform (consumer app), Rain V2 protocol, the Rain Module white-label widget (sub-5-minute embed with a 30% partner revenue share), an npm-distributed JavaScript/TypeScript SDK (@rainfi/sdk), and a public REST API. Supporting features include the Droplets points/rewards program, in-app Chat, fiat on-ramps (Credit Card, PayPal, Google Pay, SEPA), Liquid staking integration, Delegation for idle fund routing, and Loan Analytics. Reported cumulative scale is 243,225 loans originated and $474,925,338 total volume processed, against a current TVL of $119,919. Security has been validated through FYEO (June 2023) and Halborn (Rain V2) audits.

Rain.fi monetizes via transaction fees on loans facilitated through its protocol, a 30% revenue share with white-label partners, and interest spreads on pooled lender liquidity. Distribution combines a self-serve global web app, an OEM/embedded channel via the Rain Module and SDK, and community-led growth through Discord, Twitter/X, blog content, and the Droplets referral program. The company has no disclosed venture funding, no parent company, and operates with 1-10 employees.

Name

Rain.fi

Legal name

Rain.fi

Website

https://rain.fi

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Rain.fi is a decentralized P2P lending protocol on Solana that enables token and NFT collateralized borrowing, configurable lending pools, NFT buy-now-pay-later, and leveraged trading via a proprietary duration-based liquidation system. It serves DeFi traders, liquidity providers, and white-label platform partners via a self-serve app, SDK, and API.

Ownership category

akta.pro rank

Product category

Decentralized Finance Lending Protocol

NAICS

Other Nondepository Credit Intermediation (52229), Nondepository Credit Intermediation (5222)

SIC

Loan Brokers (6163)

akta.pro primary industry

Decentralized Lending & Borrowing Protocols (FSADAMAA)

akta.pro secondary industries

Decentralized Lending & Credit Markets (overcollateralized/undercollateralized, P2P) (FSAPAEAA), Decentralized Lending Protocols (DeFi Money Markets) (FSADAFAB), In-School Tuition & Fee Financing (Short-term/Bridge) (FSAKAEAG)

Keywords

• Decentralized lending protocol
• NFT collateralized loans
• Solana DeFi platform
• Peer-to-peer lending
• White-label lending module

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Platform Transaction Fees: Protocol charges fees on loans facilitated through the platform, with fees varying based on transaction type and duration
2. White-label Partner Revenue Share: Partners integrating the white-label module earn 30% of platform fees each time a loan is taken through their platform
3. Interest Income: Lenders earn APY on their deposited liquidity from borrower interest payments; protocol may take a cut of lending returns

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Rain.fi operates a decentralized peer-to-peer lending and borrowing protocol on the Solana blockchain that enables users to borrow against token and NFT collateral, lend assets to earn yield through customizable pools, and purchase NFTs via a Buy Now Pay Later system. Loans are liquidated based on duration rather than collateral price fluctuations, eliminating volatility-driven liquidation risk. The platform also offers a white-label module, public API, and JavaScript SDK for third-party developers and partner platforms to embed Rain's lending functionality.

Product overview

Rain.fi is a decentralized P2P lending and borrowing protocol built on Solana offering a unified platform for token and NFT financing. The core product consists of the Rain.fi Lending Platform which enables borrowing, lending, and earning through customizable pools, complemented by the Leverage/Swap feature for leveraged trading without price-based liquidations, and the NFT Buy Now, Pay Later system for purchasing NFTs with partial payment. The Rain Protocol serves as the underlying decentralized infrastructure, while the Rain Module provides white-label integration capabilities for third parties. Additional features include the Droplets gamification system, Chat messaging, Buy Token fiat on-ramp, Liquid staking, and Delegation for idle fund optimization. A JavaScript/TypeScript SDK and public API support developer integrations.

Differentiator

Problem solved

Functional benefit

Brands

• Rain Protocol: The underlying decentralized lending protocol that powers Rain.fi, enabling custom lending strategies through pools.

Products and services

• Rain.fi Lending Platform A decentralized peer-to-peer lending and borrowing protocol on Solana that enables users to borrow against tokens and NFTs, lend assets to earn interest, and access customizable lending pools. Designed for crypto/NFT holders seeking liquidity without selling assets.
• Rain Module (White-label Widget) An embeddable widget allowing third-party platforms (NFT marketplaces, gaming platforms, DeFi apps) to integrate NFT and token lending functionality in under 5 minutes via copy-paste code. Platforms earn 30% of platform fees on loans originated through their integration.
• Rain Protocol The underlying decentralized lending protocol infrastructure powering Rain.fi, enabling custom lending strategies through pools, duration-based liquidations, and multi-collateral support. Functions as the open protocol layer for builders.
• @rainfi/sdk (JavaScript/TypeScript SDK)

Quantifiable outcome

• $474.9M+ total volume processed
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• FYEOcoreOthers · 1 June 2023Security audit firm that audited the Rain platform and protocols in June 2023 to enhance security and integrity
• HalborncoreOthersSecurity firm conducting audits for Rain V2 protocol to ensure platform reliability and transparency

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• BendDAO: NFT-collateralized lending protocol with auction-based liquidations; competing for NFT-backed credit demand and addressing the same problem Rain solves with NFT BNPL.
• Solend: Solana-native money market and lending protocol offering pool-based lending and borrowing; the closest direct competitor to Rain on Solana, operating a similar core lending-pool model but without Rain's NFT BNPL or duration-based liquidation.
• NFTfi: Peer-to-peer NFT-backed lending protocol; the direct comparand for Rain's NFT lending and BNPL products on Ethereum, providing a multi-chain benchmark for NFT credit.
• Drift Protocol: Solana-based DeFi protocol offering perpetual trading and lending pools; competes with Rain on Solana-native credit markets and shared liquidity providers.
• Kamino Finance: Solana lending and liquidity protocol featuring automated lending markets and vaults, serving the same DeFi-native user base as Rain with overlapping lending functionality.
• Blend (Blur): NFT-focused lending protocol operating in the NFT credit space; directly competes with Rain's NFT lending and BNPL offerings for the same NFT-trader segment.
• MarginFi (mrgn): Solana lending and borrowing protocol directly competing for the same lender and borrower base as Rain, with feature overlap in leveraged positions and pool-based credit markets.

Broad incumbents

• Maple Finance: Institutional-focused DeFi credit protocol with undercollateralized and pool-based lending; relevant as an adjacent incumbent showing broader DeFi credit market maturity that Rain could tap as it expands beyond retail Solana users.
• Compound: Pioneer DeFi money-market protocol with established governance and liquidity; represents the incumbent pool-based lending model that Rain adapts on Solana with novel liquidation terms.
• Aave: Largest decentralized lending protocol across chains; broad incumbent setting interest-rate and risk-management benchmarks that Rain's duration-based model competes against, with Solana deployment via Aave V3 directly overlapping Rain's market.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/rainfi_

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rain.fi