what's Radiant Capital?
Radiant Capital is an omnichain money market protocol that enables users to deposit assets on one blockchain and borrow or withdraw from supported assets across multiple chains. Built on LayerZero's interoperability framework, it supports seamless cross-chain operations, allowing liquidity to flow efficiently between ecosystems like Arbitrum, BNB Chain, and others. The protocol emphasizes security, having undergone audits by leading firms, and prioritizes user funds through battle-tested mechanisms. At its core, Radiant operates as a lending and borrowing platform where users supply collateral to earn yields or borrow against it. It introduces dynamic liquidity pools (dLPs) that incentivize long-term participation via token locking with multipliers. Governance is handled by the Radiant DAO, which votes on proposals for market expansions, incentive distributions, and protocol upgrades, fostering a community-driven evolution. The protocol's omnichain design addresses fragmentation in DeFi by unifying liquidity sources, reducing the need for bridged assets and minimizing risks associated with cross-chain transfers. This positions Radiant as a bridge for multi-chain capital efficiency, supporting a variety of assets including stablecoins, wrapped tokens, and native chain assets.
Radiant Capital has a live governance proposal for plsRDNT/Plutus, with $7.47M TVL across multi-chains.
contract
arbitrum-one
base
ethereum
binance-smart-chain
Partnered with monad_eco and YGGPilipinas for WASB teams event ahead of Season 2.
Governance proposal PRFC-18 is now live, focusing on plsRDNT development and expanded Plutus collaboration.
Current TVL stands at $7.47M with $13.35M borrowed across multi-chain deployments on Arbitrum, Base, BSC, and Ethereum. Protocol continues rebuilding after past issues with focus on cross-chain liquidity aggregation.
Guardian Fund launches, resulting in 50%+ TVL increase; L2 chain expansion planned next.
Hackers move 5,411.8 ETH worth $20.7M to Tornado Cash, per PeckShield.
Exploiter deposits 5,411.8 ETH worth approximately $20.7M into Tornado Cash.
Hacker purchases 1,482 ETH for 5.836M DAI at $3,938 per ETH in the past hour, continuing swing trading pattern with stolen funds.
Hacker moves $10.8M in ETH tied to the October 2024 exploit to Tornado Cash, per Certik alert.
Exploiter converts approximately 16M DAI to 4,345.6 ETH and deposits 2,834.6 ETH into Tornado Cash.
Price increases 80% amid activity on the Arbitrum network.
A new airdrop campaign launches for the project, listed among 9 new crypto airdrop campaigns.
Active loans on the protocol grew 7.2% over 7 days, placing it 8th in growth rate among major lending protocols.
MuSig2 public key deployed allowing N+1-of-N+1 multi-signature control over protocol actions on Radiant Bitcoin.
The project launches its open beta phase, enabling live gaming sessions that contribute data to improve the underlying zAI system.
Six GMX assets now accepted as collateral including new GM token pairs (ETH/USD, BTC/USD, ARB/USD), GLV [WBTC-USDC], and GMX token itself, significantly expanding collateral options beyond previously announced GLV tokens.
Hacker launders 13,650 ETH ($61.4M) through Tornado Cash and purchases additional 1,327 ETH ($6M) at $4,521 in past 4 hours, currently holding $42.18M in assets.
The protocol now accepts GLV [WETH-USDC] and GLV [BTC-USDC] tokens as collateral, unlocking ~$60 million in liquidity and boosting capital efficiency for GMX V2 liquidity providers.
Hacker launders 5,933 ETH ($26.7M) through Tornado Cash in the past hour, moving stolen funds that have grown to $104M total value.
Hacker purchases 5,475 ETH ($23.7M) at $4,330, continuing swing trading pattern with stolen funds.
Hacker executes new ETH swing trade for $2.76M profit, growing stolen funds to $105M (+114% from initial theft).
Hacker sells 3,931 ETH at $4,726 for 18.57M DAI, now controlling $104M in assets (13.3K ETH + 42.03M DAI).
Second hacker buys back 5,001 ETH ($21.76M) at $4,352 after selling at $4,464 on August 15.
Lazarus hackers profit $40M+ from exploit, demonstrate sophisticated trading by selling 9,631 ETH at $4,562 and buying 4,487 ETH at $4,154.
Hacker buys 2,109 ETH ($8.64M) at $4,096 after selling at $4,562 last week, showing active price manipulation.
Hacker sells additional 4,326 ETH for 20.475M DAI, now controlling $102M in assets (12,326 ETH + 43.937M DAI), up from initial $53M exploit value.
Hacker converts 3,091 ETH ($13.26M) from October 2024 exploit to DAI, indicating possible profit-taking.