Total Value Locked$553,556
TVL by Chain
Ethereum$216,044
Arbitrum$183,178
Base$95,253
BSC$59,080
Key Metrics
Fees 30d$1,727
Fees 30d by chain
Ethereum$1,354
Base$363.32
Arbitrum$9.61
BSC$0
Fees 7d$229.79
Base$227.26
Arbitrum$2.53
BSC$0
Ethereum$0
Fees 24h$0.02
Arbitrum$0.02
Base$0
BSC$0
Ethereum$0
Cumulative Fees$29.49m
Arbitrum$16.99m
BSC$9.65m
Ethereum$2.64m
Base$211,674
Revenue 30d$1,727
Revenue 30d by chain
Ethereum$1,354
Base$363.32
Arbitrum$9.61
BSC$0
Revenue 7d$229.79
Base$227.26
Arbitrum$2.53
BSC$0
Ethereum$0
Revenue 24h$0.02
Arbitrum$0.02
Base$0
BSC$0
Ethereum$0
Cumulative Revenue$22.14m
Arbitrum$12.75m
BSC$7.24m
Ethereum$1.99m
Base$162,164
Holders Revenue 30d$1,036
Holders Revenue 30d by chain
Ethereum$812
Base$217.39
Arbitrum$5.75
BSC$0
Holders Revenue 7d$137.68
Base$136.16
Arbitrum$1.52
BSC$0
Ethereum$0
Holders Revenue 24h$0.01
Arbitrum$0.01
Base$0
BSC$0
Ethereum$0
Cumulative Holders Revenue$17.7m
Arbitrum$10.19m
BSC$5.79m
Ethereum$1.59m
Base$126,996
Active Loans$259,025
Protocol Information
Radiant v2 introduces a migration to the LayerZero OFT format, improving cross-chain fee sharing, enabling faster launches on additional chains, and allowing native ownership of bridging contracts. This update addresses utility exchange concerns and eligibility for RDNT emissions by implementing changes to core protocol mechanics, emissions, utility, and enhancing cross-chain functionality
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Platform fees collected by Radiant (reserve-factor cut of borrow interest) and routed through MiddleFeeDistribution.View code on GitHubRevenue: All platform fees are kept by the protocol (split between the operationExpenses treasury and dLP lockers).View code on GitHubHolders Revenue: Remaining platform fees forwarded to MultiFeeDistribution and distributed to dLP lockers.View code on GitHubHacks
Date: Jan 2, 2024
Amount: $4.5m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Date: Oct 16, 2024
Amount: $50m
Classification: Social Engineering
Technique: Blind Signing
Chains: BSC, Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Radiant V2's TVL?
Radiant V2 currently has $553,556 in total value locked. TVL has decreased 19.4% over the past 30 days.
What chains does Radiant V2 operate on?
Radiant V2 operates on 4 chains: Ethereum, Arbitrum, Base, and BSC. Ethereum holds the largest share at 39%.
How much has Radiant V2 generated in fees and revenue?
Over the past 30 days, Radiant V2 generated $1,727 in fees. Of that, $1,727 was protocol revenue. Based on the trailing year, the annualized rate is $49,989 in fees and $42,996 in revenue.
How does Radiant V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Radiant V2 ranks #151 by TVL. The category holds $52.819b across 519 protocols, and Radiant V2 accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Venus Core Pool, Euler V2, TermMax, Native Credit Pool, Unitus, Folks Finance xChain, OmniBTC, and Sumer.money.
How much has been borrowed through Radiant V2?
Radiant V2 currently has $259,025 in active loans.
Has Radiant V2 ever been exploited?
Radiant V2 has 2 recorded security incidents. The most recent incident occurred on Oct 16, 2024 and involved $50m. It was classified as Social Engineering.