Cryptotrasta
Silo

Silo

4.213 reviews

jessica_m

Austin, TX

4.0

Smooth borrowing experience

Tried lending on Silo last month and it was pretty smooth, low fees too.

max1990

New York, NY

5.0

Great DeFi platform overall

Silo’s smart contracts feel secure and their borrowing rates are competitive. I especially like the transparency in the dashboard which keeps me informed at all times.

sarahK

Portland, OR

5.0

smooth and secure

Love how fast and secure my deposits and withdrawals are with Silo, makes DeFi stress-free.

lisa_w

Denver, CO

4.0

Decent, with minor glitches

I’ve been using Silo for lending crypto and it generally works well. However, once I had a stuck transaction that support helped clear up after a day.

molly.b

Philadelphia, PA

3.0

Mixed feelings after month of use

I started using Silo for lending crypto and the APY rates looked promising. The first two weeks were great, some transactions were confirmed quickly and I earned decent yield. But then I faced an issue where a withdrawal got delayed for over 24 hours without clear updates. Support eventually responded but it took longer than expected, which made me a bit nervous about liquidity. I hope they improve communication because the product itself is quite useful for DeFi enthusiasts.

benny23

Boston, MA

3.0

Confusing interface

App layout kinda threw me off at first.

alex_2021

Atlanta, GA

4.0

Good yields, minor slowdowns

Yields have been solid, but sometimes fetching portfolio data takes a bit longer than I’d like.

cryptoDave

San Francisco, CA

4.0

Good but some UI quirks

The platform works well for staking, but I wish the interface was a bit more intuitive. Also, the transaction confirmation times were slightly longer than expected.

cryptopeter

Seattle, WA

5.0

Trustworthy and convenient

Using Silo for borrowing ETH was straightforward, and I appreciated how the app showed real-time liquidation prices. Fees are reasonable compared to other DeFi apps I've tried.

nick_h

Las Vegas, NV

4.0

Good platform with room for improvement

Silo’s lending and borrowing tools are solid and the smart contract audits give me some confidence. Yet I ran into trouble with one yield farming position that didn’t update correctly on the dashboard, and chat support took a while to get back. The fees are fair and the overall experience is positive, but a few hiccups here and there make me cautious for large sums.

trader_ru

Miami, FL

5.0

Fast staking rewards

Staking rewards showed up faster than I expected, good job!

anna.k

Chicago, IL

4.0

Reliable but some delays

I use Silo mainly for yield farming and it’s reliable, though sometimes withdrawals take a couple extra hours. Support was helpful when I checked.

michael_h

Austin, TX

5.0

Great for DeFi beginners

I started using Silo a few months ago for lending and staking. The interface is pretty clean and their smart contract audits gave me peace of mind. Withdrawals were quick without any hiccups, which isn’t always the case with DeFi projects. Definitely a solid platform if you want to avoid middlemen and still earn yield.

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