Loopscale adds support for Orca and Raydium LP as collateral, unlocking over $1 billion in liquidity
BlockBeats News, March 5, according to official sources, Solana-based lending protocol Loopscale announced that LP tokens from Orca and Raydium can now be used as collateral for lending. Loopscale's order book architecture allows pricing based on the specific conditions of each position, rather than incorporating them into a centralized lending pool model.
Through this credit market infrastructure, more than 1.1 billions dollars in yield liquidity can be unlocked. The system is able to independently evaluate and price each LP based on multiple variables such as price range, fee tier, and underlying asset.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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