Loopscale now supports Orca and Raydium LP as collateral, unlocking over $1 billion in liquidity.

RAY-2,23%
SOL-5,14%

BlockBeats News, March 5 — According to official sources, Solana’s on-chain lending protocol Loopscale announced that LP tokens from Orca and Raydium can now be used as collateral for loans. Loopscale’s order book architecture can price each position based on its individual conditions, rather than integrating them into a centralized lending pool model.

Through this credit market infrastructure, over $1 billion in yield-generating liquidity can be unlocked. The system is capable of independently evaluating and pricing each LP based on multiple variables such as price ranges, fee tiers, and underlying assets.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BNB Beacon Chain Token Recovery Tool Enters Sunset Phase: What BEP2 Holders Need to Know

The BNB Beacon Chain token recovery tool is now in Phase 1 of its sunset, and 7-day processing will only be available until April 30. Only mirrored BEP2 tokens are recoverable; holders of unmirrored assets risk permanently losing them. BNB Chain has begun a phased shutdown of the BNB Beacon

CryptoNewsFlash3m ago

VeChain Demonstrates Blockchain Benefits With 5.2M Wallets Earning Weekly Rewards

VeChain’s VeBetter DAO has verified 48 million actions on more than 50 apps, and 5.2M wallets can now earn B3TR every week. VeChain’s B3TR guide details app rewards, Vote2Earn, and GM NFT incentives tied to verified onchain sustainability actions. VeChain has presented fresh data from its Ve

CryptoNewsFlash28m ago

Pacifica's total transaction volume surpasses $131 billion, and over 130 teams have registered for recent hackathon events.

Pacifica Exchange announces that its total trading volume has exceeded $131 billion, with open contracts reaching $69 million, and over 40,000 active users. The hackathon event attracted 130 teams, and the Educator Program has distributed 10,000 points to incentivize knowledge sharing.

GateNews40m ago

Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure

SKY rose 10% after the network cut staking emissions and continued buybacks, tightening supply across the market. Sky expanded the USDS credit infrastructure as lower token issuance and steady buybacks supported bullish market momentum. SKY, the governance token of the DeFi protocol

CryptoNewsFlash58m ago

Millions Quietly Gear Up for Pi Network's Big Leap

More users are still preparing to the Pi Network global vision as they approach more adoption. New updates regarding the migration progress and ecosystem expansion throughout the network boosted the level of community discussions. Pi Network Global Vision gets a good Community Momentum The Pi Net

Coinfomania1h ago
Comment
0/400
No comments