The DeFi Lending and Borrowing Platform utilize open-source DeFi protocols to start proper lend & borrow platform development. The lending and borrowing use cases in DeFi protocols are rapidly expanding their capabilities. Decentralized smart contracts are powerful enough to automate all lending transactions and eliminate the need for middlemen. DeFi peer-to-peer lending platforms, which provide P2P lending services, have more decentralized applications in the blockchain market. There is no minimum fee for any transaction in DeFi applications built on blockchain platforms.