Loopscale, a lending protocol on Solana, has surpassed $100 million in deposits and active loans, marking significant growth. Unlike traditional pool-based models, Loopscale employs an order book system allowing lenders to customize loan terms and risk parameters. The protocol's matching engine facilitates trades, while automated vaults and one-click leveraged lending address liquidity fragmentation and pricing inefficiencies. As Solana's total value locked (TVL) exceeds $40 billion, Loopscale is expanding to support a wider range of assets, including real-world asset (RWA) tokens and liquidity pool positions. Despite a security breach in April 2025, all funds were recovered, and the platform continues to grow.
Loopscale's Solana-Based Lending Protocol Surpasses $100 Million in Deposits
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