ZeroLend is an innovative decentralized lending protocol that operates primarily on various Layer 2 (L2) solutions. The project is known for offering lending and borrowing services for liquid restaking tokens (LRTs) and real-world assets (RWAs), which allows users to take loans in stablecoins or ETH while using their assets as collateral. One of the core features of ZeroLend is its non-custodial nature, meaning it doesn't hold users' funds directly, thereby giving users full control over their assets. This setup enhances security and trust in the platform.

ZeroLend is governed by its native token, $ZERO, which allows holders to participate in the governance of the protocol, influencing decisions such as protocol upgrades and changes. This token also plays a role in the protocol’s incentive schemes, offering rewards that encourage users to participate actively in the ecosystem.

Lastly, the platform supports innovative features like account abstraction, which simplifies the user experience by enabling gas-less transactions and social login functionalities, making it more accessible to a wider audience. This feature is particularly notable as it addresses some of the common barriers to entry for new users in the DeFi space.