
What is Radiant Capital? Project Overview Capital in DeFi is extremely fragmented across chains, evidenced by the dozens of different money markets, all with their own liquidity. Radiant aims to be an omnichain money market where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains, eliminating the need for silos of liquidity. Radiant’s cross-chain interoperability functions using LayerZero messaging and Stargate's stable router interface. For example, lenders may reclaim their collateral and can direct which chain to withdraw funds from and what percentage they’d like sent to each chain. Radiant aims to solve DeFi 1.0 issues of unpredictable and transient liquidity through its innovative Dynamic Liquidity Providers (dLP) and gated emissions. Value Proposition Consolidation of Fragmented Liquidity: The primary goal of the Radiant DAO is to consolidate billions in fragmented liquidity across multiple lending protocols and chains under one safe, user-friendly, and capital-efficient cross-chain protocol. This consolidation of fragmented liquidity is intended to enhance the overall DeFi ecosystem and create a more seamless experience for users. Gated Emissions: Sustainability is an important Key Performance Indicator to the Radiant DAO and thus the protocol implemented a Dynamic Liquidity (dLP) mechanism which only enables incentivized RDNT emissions to dLP providers. Dynamic Liquidity Provisioners also share in the utility of platform fees captured in blue-chip assets such as Bitcoin, Ethereum, BNB, and stablecoins through borrowing interest, flash loans, and liquidations. Project Key Highlights Omnichain Money Market: Users can deposit and borrow assets across chains seamlessly within minutes via Radiant’s integrations with LayerZero and the Stargate stable router interface, which solves many DeFi pain points related to requiring multiple transactions to lend, borrow, bridge, and swap. DeFi 3.0: Ear
News
Weekly Project Updates: Hyperliquid Perp Volume Hits Record, Radiant Capital Prepares Shutdown, Polymarket suspects industrial espionage from Kalshi, Hacker Drains Kelp DAO Bridge Funds, etc
Radiant Capital Ends DAO Operations 18 Months After $50 Million Exploit
🚨 ALERT: DeFi lending protocol Radiant Capital is sunsetting operations after failing to recover from its 2024 exploit, ending development and winding down the protocol into maintenance mode. https://t.co/4lU8NfbhWc
Radiant Capital 宣布因 2024 年 10 月遭攻击后长期未能追回资金、获得新融资或恢复增长,DAO 已无可持续运营路径,将进入逐步关闭阶段。协议前端及链上合约将继续运行,用户仍可提取资产、偿还借款及管理仓位,但项目将停止所有开发、升级及扩张计划,并将借贷上限设为零、终止 RDNT 激励发放。团队表示后续将专注于用户资金安全、资产追回及有序退出工作。https://t.co/TDyOOvorHk
Radiant Capital Hacker Converts DAI to Ethereum in Recent Transaction
Radiant Capital Attacker Converts DAI to ETH and Utilizes TornadoCash
Radiant Capital hacker turns $53M heist stash into $94.6M after timing ETH trades
Radiant Capital Hacker Acquires Ethereum at Low Prices
Radiant Capital hacker offloads Ethereum, bags $13.2M in DAI
Radiant Capital Updates on October Attack Recovery Efforts