Silo is a non-custodial lending protocol to borrow against any crypto asset. Secure Money Markets for All Crypto. The protocol mitigates risks by design. It implements isolated money markets — we call them Silos — with each Silo consisting of two assets only, the bridge asset and a unique token. By isolating the risk of any asset to a specific silo, new and higher-risk assets can be immediately utilized in lending markets without causing systemic risk to assets held in other Silos.