Notional Exponent

Notional Exponent is Notional's leveraged-yield protocol, live on Ethereum since January 2026. It tokenizes yield strategies such as Midas, Pendle and staked-asset vaults and borrows through lending markets like Morpho to lever them up. Earlier Notional versions keep their own legacy apps.

Other versions of this protocol: Notional V2 (legacy), Notional V3 (legacy).

Rating C: 19 restrictions: 18 countries + Wallet screening. Lending / leverage · Ethereum.

Official app: notional.finance. Frontend code: github.com/notional-finance/notional-monorepo.

Restrictions

  • Geo Block: yes. api.notional.finance/geoip (Cloudflare cf.country) -> /blocked. Blocked countries: Cuba, Iran, Iraq, Syria, North Korea, Russia, Belarus, Central African Republic, Congo - Kinshasa, Congo - Brazzaville, Lebanon, Liberia, Libya, Somalia, Venezuela, Yemen, Zimbabwe, United States.
  • Feature Block: no.
  • Wallet screening: yes. Chainalysis Sanctions Oracle 0x40C57923924B5c5c5455c48D93317139ADDaC8fb (on-chain) Where it runs: frontend. Fail mode: n/a.
  • VPN / Tor detection: no.
  • Terms of Service: notional.finance/terms, Last updated 2020-12-05. NY, CU, IR, SY, KP, Crimea, VE (code blocks all of the US)

Notes

Geo is a request to their worker (api.notional.finance/geoip); screening is an eth_call to the Chainalysis oracle made by the frontend.

Live checks

  • notional.finance bundle (2026-10-10): api.notional.finance/geoip + sanctions list incl. US -> /blocked; no VPN detector; app reads registry-v4.notional.finance
  • WebFetch (US): metadata only (block is client-side)

Evidence

Checked 2026-10-10. All interfaces · Methodology