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Home News Loopscale Adds Support for Orca and Raydium LP as Collateral, Unlocking Over $1 Billion in Liquidity

Loopscale Adds Support for Orca and Raydium LP as Collateral, Unlocking Over $1 Billion in Liquidity

Loopscale Adds Support for Orca and Raydium LP as Collateral, Unlocking Over $1 Billion in Liquidity

BlockBeats News, March 5th, according to official sources, Solana-based lending protocol Loopscale announced that LP tokens from Orca and Raydium can now be used as borrowing collateral, Loopscale’s order book architecture can price each position based on its own conditions, rather than incorporating it into a centralized lending pool model.

Through this credit market infrastructure, over 1 billion dollars in yield liquidity can be unlocked. The system is able to independently assess and price each LP based on multiple variables such as price ranges, fee tiers, and underlying assets.

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