what's goldfinch protocol?
Goldfinch Protocol is a decentralized finance (DeFi) platform that enables crypto lending to real-world businesses, particularly in emerging markets, without requiring traditional collateral by leveraging social trust and backer verification. It allows borrowers to access capital through unique credit pools while providing liquidity providers with yield opportunities. Goldfinch Prime is an extension that aggregates onchain exposure to leading institutional private credit funds from managers like Ares and Apollo, managing trillions in assets under management (AUM). This creates a diversified, index-like investment vehicle for private credit accessible via stablecoins and blockchain technology. The protocol's native token, GFI, is used for governance and incentives within the ecosystem.
Goldfinch issued $200M in undercollateralized loans, added tokenized commodities, partnered Pact, 12% yield.
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x.com/goldfinch_fiGenerated $1.46M in RWA revenue during 2025.
Achieved 12% average borrower yield
User reports loss from 2023 when a Kenyan motorcycle company borrower sent funds to their Ugandan entity.
User deltatiger.eth suffers a ~$330K loss in an attack, with 118 ETH of stolen funds deposited into Tornado Cash according to PeckShield security alert.
Revenue increases +320% to $120K over 30 days according to Token Terminal data.
Competitor Figure has substantially higher private credit volume, dwarfing Goldfinch, Maple, and Centrifuge according to chart data.
PGIM Private Credit Fund, backed by Prudential's $1T+ platform, launches on Prime platform with first-lien, floating-rate loan offerings.
Apollo and Ares join as new private credit managers on Prime platform, expanding institutional portfolio options.
Monroe Capital's Income Plus Fund launches on Prime platform, expanding private credit access to US and Canadian lower middle market.
New integration with NestCredit enables access to institutional-grade yield across US Treasuries, Private Credit, and Crypto through nCREDIT vault.
TPG's Twin Brook Capital Income Fund integrates with Prime platform, expanding private credit offerings to lower middle market companies.
Oak Hill Advisors, part of T. Rowe Price platform, integrates OCREDIT fund into Prime platform, expanding private credit offerings across US and Europe.
Blackrock's $98B HPS Corporate Lending Fund integrates with Prime platform, bridging TradFi and DeFi lending.
New partnership with Flowdesk establishes professional market making services to enhance liquidity and trading conditions.
Blackstone's flagship private credit fund BCRED launches on platform, providing onchain access to $1T+ investment ecosystem.
KKR's FS Income Trust, backed by $100B+ credit platform, joins Prime platform with hybrid lending strategy.
Launched Prime on Base offering 10%+ yield from institutional private credit funds including Ares, Apollo, Gollab. Brings onchain exposure to private credit.
Protocol appears to be winding down operations, in damage control mode and covering legal bases for exit. More defaults expected in near future.