---
title: "Covenant on Merkl"
description: "Transform any on-chain asset into fully backed leverage and yield, amplifying on-chain liquidity."
canonical: "https://app-a.merkl.xyz/protocols/covenant"
protocol: "Covenant"
protocolId: "covenant"
page: 1
items: 20
totalPages: 1
---

# Covenant

## Back to

- [Protocols index (markdown)](https://app-a.merkl.xyz/protocols.md)
- [Opportunities index (markdown)](https://app-a.merkl.xyz/opportunities.md)
- [Protocols index (HTML)](https://app-a.merkl.xyz/protocols)

Transform any on-chain asset into fully backed leverage and yield, amplifying on-chain liquidity.

## Stats

- **ID**: covenant
- **Name**: Covenant
- **Total opportunities**: 0
- **Live opportunities**: 0
- **Live campaigns**: 0
- **Daily rewards**: $0
- **Max APR**: —
- **Website**: https://app.covenant.finance/

## Trust

Verified by DefiLlama — listed in May 2026.

- **DefiLlama slug**: covenant
- **DefiLlama page**: https://defillama.com/protocol/covenant
- **Category**: Lending
- **Audits**: 2
- **Twitter**: https://twitter.com/covenantFi
- **Last synced**: 2026-08-21T04:06:46.000Z

### Audit reports

- [Audit 1](https://docs.covenant.finance/resources/audits)

### GitHub

- [covenant-labs](https://github.com/covenant-labs)