Radiant V2 (RDNT)

Total Value Locked$1.6m
Chain Breakdown
Base$948,260
Ethereum$652,864
Arbitrum$0
BSC$0
Include in TVL (optional)
$2.31m
$1.94m
$1.94m
$2.93m
$120,621
$102,517

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

Category:Lending

Forked from:AAVE V2

Audits:

Development Activity

(updated at 02/10/24)

Weekly commits: 2
Monthly commits: 2
Weekly developers: 1
Monthly developers: 1

Last commit: 7 months ago (2024-10-02)

Token Information

Address:0x3082CC...50AaA0

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.

Fees: Interest paid by borrowers

Revenue: Percentage of interest going to treasury

Hacks

Date:10/16/2024 (6 months ago)

Amount:$53m

Classification:Protocol Logic

Technique:Access Control Exploit

Chain:BSC, Arbitrum

Returned Funds:$0

Source

Date:1/2/2024 (16 months ago)

Amount:$4.5m

Classification:Protocol Logic

Technique:Flashloan New Market Exploit

Chain:Arbitrum

Returned Funds:$0

Source