How long does it take to develop a DeFi lending platform?

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How long does it take to develop a DeFi lending platform?

Abirami

The time required to develop a defi lending platform is mostly determined by its features, customization, and scope. For businesses that prioritize a fast market launch, a white-label solution with pre-built modules is a rapid choice, as the platform can be launched in 3-6 weeks. Building a completely customized platform from the ground up, on the other hand, may take three to six months because it entails integrating wallets, liquidity pools, designing distinctive features, developing sophisticated smart contracts, and making sure that security audits are conducted thoroughly. The timescale is additionally impacted by variables like the number of blockchain networks supported, KYC/AML compliance requirements, and lengthy testing stages. In the end, custom defi lending platform development offers more flexibility and scalability, while white-label solutions offer speedier implementation.